HB3599 Summary

• Appropriates $108,539,200 in Other State Funds to the Department of Financial and Professional Regulation for fiscal year beginning July 1, 2013

• Funds distributed across 15+ dedicated regulatory funds including Financial Institution Fund ($7,560,000), Bank and Trust Company Fund ($23,040,400), Real Estate License Administration Fund ($6,235,000), and multiple professional licensing disciplinary funds

• Covers ordinary and contingent expenses including personal services, state retirement contributions, Social Security, group insurance, contractual services, travel, and refunds

• Includes special appropriations for Illinois Center for Nursing ($500,000), Regulatory/G&A shared services center ($2,770,000), and covert activities for professional regulation ($9,700)

• Effective date July 1, 2013