IL HB4004

Appropriates $13,461,327 from the State Treasurer's Administrative Fund to the Office of the State Treasurer for operational expenses for fiscal year ending June 30, 2022.

Appropriates $1,000,000 from the General Revenue Fund to the State Treasurer for refunds of accrued interest on protested tax cases.

Appropriates $17,382,000 from the State Pensions Fund to the Office of the State Treasurer for operational expenses for fiscal year ending June 30, 2022.

Appropriates $8,100,000 from the Bank Services Trust Fund to the State Treasurer for operational expenses authorized under the State Treasurer's Bank Services Trust Fund Act.

Appropriates $3,199,828,373 from the General Obligation Bond Retirement and Interest Fund for payment of principal ($1,856,357,410) and interest ($1,343,470,963) on state bonded indebtedness.

Appropriates $1,000,000 from the General Obligation Bond Rebate Fund for arbitrage rebate payments to the U.S. government.

Appropriates $1,000,000 from the Charitable Trust Stabilization Fund to the State Treasurer for administrative costs and grants to public and private entities under the Charitable Trust Stabilization Act.

Appropriates $250,000 from the State Treasurer's Capital Fund for construction, reconstruction, renovation, repair, operation and maintenance of State Treasurer buildings and facilities.

Effective date is July 1, 2021.