CONAMEND-BALANCED BUDGET
Illinois constitutional amendment requiring state budget revenues to equal or exceed expenditures annually, eliminating deficit spending authority with voter approval required.
Illinois constitutional amendment requiring state budget revenues to equal or exceed expenditures annually, eliminating deficit spending authority with voter approval required.
HJRCA 15 is a constitutional amendment resolution that would require the Illinois state government to maintain a balanced budget, prohibiting expenditures from exceeding revenues in any fiscal year. The measure seeks to enshrine balanced budget requirements into the Illinois Constitution, which would require voter approval through a referendum before taking effect.
Balanced budget requirements significantly constrain a state's fiscal flexibility during economic downturns, recessions, or emergencies when revenues naturally decline. Illinois has a history of budget deficits and unfunded pension liabilities, making this proposal a fundamental shift in how the state could respond to financial crises or invest in long-term infrastructure and services.
Compiled from official sources — confirm details with the bill’s official record.
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