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<title>Illinois General Assembly - Bill Status for SB 1981         </title>
<shortdesc>GOMB-FUND BALANCES</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Dan McConchie</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Thomas M. Bennett)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 3005/7.3</reference><aliasreference></aliasreference><SynopsisText>Amends the Governor's Office of Management and Budget Act. Provides that the annual economic and fiscal policy report must include a projection of fund balances for each fund held in the State treasury, outlining for each fund revenues, expenditures, and the estimated end of year fund balance for the current fiscal year, the upcoming fiscal year, and the 4 previous years. Effective immediately.</SynopsisText><synopsistitle>Senate Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>20 ILCS 3005/7.3</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>15 ILCS 20/50-5</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the State Budget Law of the Civil Administrative Code of Illinois. Provides that, together with the State budget, the Governor shall file a written report with the Secretary of the Senate and the Clerk of the House of Representatives containing the following: the actual or projected fund balances, revenues, and expenditures for all appropriated funds for the previous fiscal year, the current fiscal year, and the upcoming fiscal year. Effective immediately.</SynopsisText><synopsistitle>Senate Floor Amendment No. 2</synopsistitle>
<SynopsisText>Makes changes to the bill as amended by Senate Amendment No. 1 to provide that the report shall be submitted by the Governor's Office of Management and Budget (in the amendment, the Governor) no later than the third Wednesday of February of each year (in the amendment, the report shall be filed with the budget).</SynopsisText><synopsistitle>Senate Floor Amendment No. 3</synopsistitle>
<SynopsisText>Makes changes to the bill as amended by Senate Amendment No. 2 to provide that the report does not need to be written.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Dan McConchie</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/5/2019</statusdate><chamber>Senate</chamber><action>Assigned to State Government</action>
<statusdate>3/13/2019</statusdate><chamber>Senate</chamber><action>Postponed - State Government</action>
<statusdate>3/14/2019</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Filed with Secretary by Sen. Dan McConchie</action>
<statusdate>3/14/2019</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Referred to Assignments</action>
<statusdate>3/19/2019</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Assignments Refers to State Government</action>
<statusdate>3/20/2019</statusdate><chamber>Senate</chamber><action>Senate Committee Amendment No. 1 Adopted</action>
<statusdate>3/20/2019</statusdate><chamber>Senate</chamber><action>Do Pass as Amended State Government;  007-000-000</action>
<statusdate>3/20/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 21, 2019</action>
<statusdate>3/28/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Filed with Secretary by Sen. Dan McConchie</action>
<statusdate>3/28/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Referred to Assignments</action>
<statusdate>4/3/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Assignments Refers to State Government</action>
<statusdate>4/4/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Recommend Do Adopt State Government;  006-000-000</action>
<statusdate>4/4/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Filed with Secretary by Sen. Dan McConchie</action>
<statusdate>4/4/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Referred to Assignments</action>
<statusdate>4/4/2019</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/4/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 2 Adopted; McConchie</action>
<statusdate>4/4/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 9, 2019</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Assignments Refers to State Government</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Recommend Do Adopt State Government;  006-000-000</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 3 Adopted; McConchie</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 055-000-000</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Thomas M. Bennett</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/30/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/9/2019</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>5/10/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

