SB2374 Summary

• Appropriates $310,455,600 total for the Department of Employment Security for fiscal year beginning July 1, 2009, consisting of $13,815,400 in General Funds, $1,916,700 in Other State Funds, and $294,723,500 in Federal Funds.

• Funds three primary operational areas: Office of the Director ($11,544,300), Finance and Administration Bureau ($89,646,400), and Workforce Development ($145,483,500 plus $14,100,000 from Unemployment Compensation Special Administration Fund).

• Allocates $13,000,000 for administrative expenses related to Training and Employment Services funded through the American Recovery and Reinvestment Act of 2009.

• Appropriates $17,500,000 pursuant to Section 903 of the Federal Social Security Act for state portion of federal funds from the American Recovery and Reinvestment Act of 2009.

• Includes $17,466,400 for unemployment compensation benefits to former state employees, including $13,815,400 from General Revenue Fund and amounts from the Road Fund and Illinois Mathematics and Science Academy Income Fund.