CONAMEND-LIMIT APPROP/TRANSFER House SponsorsRep. Keith Farnham-Jack D. Franks and Monique D. Davis 1/11/2011HouseSession Sine Die ILCON Art. VIII, Sec. 2.1 new Proposes to amend the Finance Article of the Illinois Constitution. Beginning in Fiscal Year 2014, limits aggregate appropriations and transfers from the State's general funds in a fiscal year to the aggregate appropriations and transfers in the previous fiscal year, as adjusted by the 5-year average annual change in per capita personal income. Allows the Governor to declare a fiscal emergency. If the Comptroller and Treasurer concur in the Governor's declaration, then the General Assembly, by a three-fifths vote, may authorize appropriations and transfers by law that exceed the limitation. Requires excess revenues to be deposited into budget stabilization funds, and allows certain excess funds to be refunded. Effective upon being declared adopted. 11/29/2010HouseFiled with the Clerk by Rep. Keith Farnham 11/29/2010HouseRead in Full a First Time 11/29/2010HouseReferred to Rules Committee 11/30/2010HouseAssigned to State Government Administration Committee 11/30/2010HouseAdded Chief Co-Sponsor Rep. Jack D. Franks 11/30/2010HouseAdded Co-Sponsor Rep. Monique D. Davis 1/11/2011HouseSession Sine Die