HB5726 Summary

• Appropriates $2,823,000 from the Personal Property Tax Replacement Fund to the Illinois Educational Labor Relations Board for fiscal year beginning July 1, 2024

• Allocates funds for personal services ($1,294,400), state retirement contributions ($662,500), social security ($99,100), and group insurance ($375,600)

• Includes funding for contractual services ($355,000), telecommunications ($15,000), travel ($8,400), and other operational expenses totaling $23,000

• Takes effect July 1, 2024