IllinoisHB1410104th General Assembly (2025–2026)House

TAXPAYER FISCAL CHARTER ACT

Sponsored By: Christopher "C.D." Davidsmeyer (Republican)

In Committee

Summary

Creates the Taxpayers' Fiscal Charter Act. Provides for a discretionary spending freeze for fiscal years 2026 and 2027. Sets forth requirements to increase discretionary spending beginning in fiscal year 2028. Requires any new spending proposed by the General Assembly in addition to existing obligations to be accompanied by a proposed source of revenue to pay for the proposed spending or specified cuts necessary to offset the proposed spending. Prohibits unfunded mandates. Requires the publishing of certain information before voting on or enacting an appropriations bill. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Christopher "C.D." Davidsmeyer

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Rules Committee

    1/28/2025House
  2. First Reading

    1/28/2025House
  3. Filed with the Clerk by Rep. Christopher "C.D." Davidsmeyer

    1/16/2025House

Bill Text

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