HB2733 Summary

• Appropriates $440,718,100 total to the Illinois Community College Board for fiscal year beginning July 1, 2021, consisting of $249,223,100 in General Funds, $143,295,000 in Other State Funds, and $48,200,000 in Federal Funds

• Allocates $2,083,900 from General Revenue Fund for ICCB administrative expenses including personal services, contractual services, and electronic data processing

• Distributes $145,574,100 to public community colleges through base operating grants ($105,570,000 from Personal Property Tax Replacement Fund and $74,370,200 from Education Assistance Fund) and equalization grants ($71,203,900)

• Appropriates $38,069,400 for career and technical education activities ($18,069,400 from General Revenue Fund and $20,000,000 from Career and Technical Education Fund)

• Provides funding for specific programs including $23,794,400 for student support services, $13,265,400 for City Colleges of Chicago, $4,264,400 for veteran and national guard grants distributed across 48 community colleges, and $27,000,000 for Governor's Emergency Education Relief Fund