HB2732 Summary

• Appropriates $628,642,900 total for University of Illinois Board of Trustees ordinary and contingent expenses for fiscal year ending June 30, 2022, consisting of $622,015,000 in General Funds and $6,627,900 in Other State Funds

• Allocates $562,528,200 from Education Assistance Fund for operational expenses and $40,380,600 from General Revenue Fund for University of Illinois Hospital operating costs

• Provides funding for specialized programs and centers including $14,803,100 for Prairie Research Institute, $1,052,700 for Public Policy Institute at Chicago campus, and $673,800 for Hispanic Center for Excellence

• Appropriates funds from dedicated sources for specific initiatives: $4,427,900 from Fire Prevention Fund for Illinois Fire Service Institute, $500,000 from General Professions Dedicated Fund for pharmacy education programs at College of Medicine at Rockford, and smaller amounts for pest control, emergency mosquito abatement, and hazardous waste research

• Takes effect July 1, 2021