A bill that would trigger automatic payments into the state’s so-called “rainy day” fund is heading to the Illinois House for consideration after unanimous passage out of committee this week.
 
Under House Bill 2515, automatic deposits in the rainy day fund and pension stabilization fund would be triggered if the governor’s proposed general revenue estimate exceeds the prior year by at least 4 percent and the state has less than $3 billion in bills awaiting payment from the General Revenue Fund.
 
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