Bill Summary: SB2412 - Appropriations Amendment (FY2012)

• Increases appropriations to the State Universities Retirement System by $95 million (from $135 million to $230 million) from the State Pensions Fund and decreases Education Assistance Fund appropriation by $95 million (from $845.485 million to $750.485 million)

• Adds $3.5 million appropriation from the Attorney General Tobacco Fund for Master Settlement Agreement oversight, enforcement, and tobacco-related litigation

• Creates new appropriations including $2.5 million from Charitable Trust Stabilization Fund to State Treasurer, $33.5 million to Illinois Student Assistance Commission, and various smaller allocations for specialized programs

• Modifies multiple departmental budget lines across education, public health, children and family services, human services, and veterans affairs with numerous line-item increases and decreases

• Adds new capital improvement grants from Build Illinois Bond Fund to various municipalities and organizations for infrastructure, community centers, and facility renovations