Illinois Comptroller Susanna Mendoza is pushing to implement automatic deposits into the state’s rainy day fund. House Bill 2515 would trigger automatic deposits when the state’s general fund accounts payable is estimated to be less than $3 billion. Mendoza explained the measure before the House State Government Administration Committee Wednesday.
Committee Chairman state Rep. Mark Walker said outside factors could change how this measure would operate if passed into law.
The committee approved the measure unanimously.
Story from Illinois Radio Network
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