HB6094 Summary

This document does not appear to be HB6094 regarding sports facilities authority. Instead, this is an appropriations bill for higher education institutions and related agencies for fiscal year 2015 (ending June 30, 2015).

Key Appropriations:

• Appropriates funds from various state revenue funds to the Board of Higher Education, Illinois Student Assistance Commission, community colleges, and state universities for operational expenses, grants, scholarships, and programs for the fiscal year ending June 30, 2015.

• Provides major funding to public universities including Southern Illinois University ($202.9 million), University of Illinois ($597.7 million), Northern Illinois University ($93.2 million), and Illinois State University ($73.9 million) for personal services and ordinary contingent expenses.

• Allocates $373.3 million to the Illinois Student Assistance Commission for the Monetary Award Program (student grants) and administrative costs not to exceed 2 percent of the appropriation.

• Provides $266.8 million to the Illinois Community College Board for base operating grants and equalization grants to public community colleges.

• Takes effect July 1, 2014.