BUDGET-LONG-TERM PLANNING Senate SponsorsSen. John J. Millner 1/8/2013SenateSession Sine Die 15 ILCS 20/50-35 new25 ILCS 50/1from Ch. 63, par. 42.31Amends the State Budget Law. Requires the Governor's budget to include projections of revenues and expenditures for the 5 following fiscal years. Sets forth requirements for the projections. Requires the budget for the next fiscal year to set forth new or expanded expenditures of $500,000 or more. Requires the Governor's Office of Management and Budget to review previous projections and compare them to actual receipts and expenditures. Requires the Governor to submit 5-year projections for expenditures not included in the Governor's initial budget before the General Assembly approves appropriation bills. Contains other provisions. Amends the Fiscal Note Act to require a 5-year projection of expenditures and revenues if the note indicates an increase of expenditures of $500,000 or more. Effective immediately. 2/10/2011SenateFiled with Secretary by Sen. John J. Millner 2/10/2011SenateFirst Reading 2/10/2011SenateReferred to Assignments 3/2/2011SenateAssigned to Executive 3/10/2011SenateTo Executive Subcommittee on State Government Operations; - 3/16/2011 - Postponed 3/17/2011SenatePostponed - Executive 3/18/2011SenateRule 3-9(a) / Re-referred to Assignments 1/8/2013SenateSession Sine Die