ILLINOIS STATE SENATE DISTRICT 20: In the News: Cullerton on Budget Showdown
Illinois State Senate District 20 issued the following announcement on June 15.
Democratic leaders are in a bruising battle with Gov. Rauner over the budget and the future of the state. But looming over the summer session in Springfield is a possible government shutdown if there's no budget agreement by the end of June. There's an approximate $4 billion hole in the current version of the spending plan. And with partisan rhetoric at a fever pitch, is compromise even possible? Here to give us the latest on the negotiations and issues is Senate President John Cullerton.
The Illinois Constitution requires the governor to prepare and submit a state budget to the General Assembly. By law, the governor must present his recommended budget to the General Assembly no later than the third Wednesday in February each year. According to the Commission on Government Forecasting & Accountability, “appropriation bills require an immediate effective date in order to be available for expenditure at the beginning of the fiscal year, July 1.” If the General Assembly does not approve a budget bill on or before May 31, a three-fifths vote is required in order for the bill to take effect immediately.
Last Friday, the Rauner administration issued a statement outlining the additional steps it will take to prepare for the Madigan-Cullerton budget, which is nearly $4 billion short for fiscal year 2016 that begins July 1. Earlier this month, the Rauner administration detailed steps it would take in response to the budget passed by House Speaker Michael Madigan, Senate President John Cullerton, and their caucuses.
Original source can be found here.