IL SB3849

Appropriates $95,425,800 from Other State Funds to the Department of Financial and Professional Regulation for fiscal year beginning July 1, 2012

Allocates funding across multiple regulatory funds including Financial Institution Fund ($6,224,700), Credit Union Fund ($3,459,500), Bank and Trust Company Fund ($19,695,400), and various professional licensing and disciplinary funds

Provides $32,253,200 from Professions Indirect Cost Fund for personnel services, employee retirement contributions, insurance, contractual services, technology, and operational expenses

Appropriates additional amounts for shared services center ($2,521,700), cemetery oversight administration ($2,318,300), and community association manager licensing ($393,700)

Takes effect July 1, 2012