HB3930 Summary

• Appropriates $169,651,700 total to the Board of Trustees of Southern Illinois University for fiscal year ending June 30, 2018, consisting of $169,624,700 in General Funds and $27,000 in Other State Funds
• Allocates $70,000 from the General Revenue Fund for Daily Egyptian Newspaper costs
• Appropriates $169,554,700 from the Education Assistance Fund for operational expenses including personal services, insurance, travel, equipment, and other standard university costs
• Appropriates $27,000 from the State College and University Trust Fund for scholarship grant awards
• Takes effect July 1, 2017, contingent on Senate Bill 2063 (Unbalanced Budget Response Act) becoming law