HB2721 Summary

• Appropriates $2,045,800 from the Personal Property Tax Replacement Fund to the Illinois Educational Labor Relations Board for fiscal year beginning July 1, 2021

• Allocates $969,400 for personal services and $546,700 for state contributions to the Employees' Retirement System

• Provides funding for employee benefits including $258,500 for group insurance and $74,200 for social security contributions

• Covers operational expenses including $160,600 for contractual services, $15,000 for telecommunications, $8,400 for travel, and smaller amounts for commodities, printing, equipment, and data processing

• Takes effect July 1, 2021