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| 1 | HOUSE RESOLUTION
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| 2 | WHEREAS, The Commission on Government Forecasting and | ||||||
| 3 | Accountability is the highly-respected legislative support | ||||||
| 4 | agency that closely tracks the revenue received by the State of | ||||||
| 5 | Illinois; and
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| 6 | WHEREAS, The Commission on Government Forecasting and | ||||||
| 7 | Accountability recently released its monthly briefing for the | ||||||
| 8 | month ending April 2014; and
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| 9 | WHEREAS, In that briefing, the Commission on Government | ||||||
| 10 | Forecasting and Accountability revised its estimate of the | ||||||
| 11 | revenue that will be received into the General Revenue Fund for | ||||||
| 12 | the current Fiscal Year 2014; and
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| 13 | WHEREAS, That revised revenue estimate is $36,661,000,000; | ||||||
| 14 | and | ||||||
| 15 | WHEREAS, The Illinois House of Representatives passed | ||||||
| 16 | House Resolution 389 on May 31, 2013, establishing an estimated | ||||||
| 17 | revenue figure for Fiscal Year 2014 of $35,446,000,000; and | ||||||
| 18 | WHEREAS, The Fiscal Year 2014 budget that was passed by the | ||||||
| 19 | General Assembly was built on the $35,446,000,000 figure; and | ||||||
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| 1 | WHEREAS, The new revenue estimate by the Commission on | ||||||
| 2 | Government Forecasting and Accountability is $1,215,000,000 | ||||||
| 3 | higher than the revenue estimate on which the budget was | ||||||
| 4 | constructed; and | ||||||
| 5 | WHEREAS, The State is now less than 60 days from the end of | ||||||
| 6 | its current fiscal year, meaning that the agencies and | ||||||
| 7 | departments of government have operated on the budget that was | ||||||
| 8 | enacted in May of 2013; and
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| 9 | WHEREAS, It is well known that the State has several | ||||||
| 10 | billions of dollars in unpaid old bills which it is obligated | ||||||
| 11 | to pay; and
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| 12 | WHEREAS, Using the increase in revenues that are now | ||||||
| 13 | estimated to flow into the General Revenue Fund for Fiscal Year | ||||||
| 14 | 2014 would allow the State to substantially pay down its | ||||||
| 15 | backlog of old bills; therefore, be it
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| 16 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE | ||||||
| 17 | NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that | ||||||
| 18 | we urge the Comptroller to use all revenues in excess of the | ||||||
| 19 | $35,446,000,000 on which the Fiscal Year 2014 budget was | ||||||
| 20 | constructed to pay outstanding old bills that the State is | ||||||
| 21 | obligated to pay; and be it further
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| 1 | RESOLVED, That this resolution refers to all General | ||||||
| 2 | Revenue funds above the $35,446,000,000 budgeted level that | ||||||
| 3 | have not heretofore been appropriated in supplemental | ||||||
| 4 | appropriations; and be it further | ||||||
| 5 | RESOLVED, That a suitable copy of this resolution be | ||||||
| 6 | presented to the Comptroller of the State of Illinois.
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