IL HB2669

Appropriates $121,610,000 in total funding for the Department of Financial and Professional Regulation for fiscal year beginning July 1, 2021, drawn from multiple dedicated funds.

Allocates funding across regulatory divisions including Financial Institution Fund ($6,422,700), Credit Union Fund ($4,048,000), Bank and Trust Company Fund ($18,154,600), Residential Finance Regulatory Fund ($3,797,400), and Real Estate License Administration Fund ($6,471,800).

Provides $10,482,300 from Cannabis Regulation Fund and $7,657,500 from Compassionate Use of Medical Cannabis Fund for cannabis regulation operational expenses.

Appropriates funds for professional discipline boards and licensing programs including medical, dental, pharmacy, nursing, and real estate appraisal regulation.

Takes effect July 1, 2021.