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IL HB5754

Bill

Status

Failed

1/7/2025

Primary Sponsor

Jehan Gordon-Booth

Click for details

Origin

House of Representatives

103rd General Assembly

AI Summary

  • Appropriates $16,328,050 from the State Treasurer's Administrative Fund to the Office of the State Treasurer for operational expenses for fiscal year ending June 30, 2025.

  • Appropriates $24,768,430 from the State Pensions Fund to the Office of the State Treasurer for operational expenses for fiscal year ending June 30, 2025.

  • Appropriates $10,035,270 from the State Treasurer's Bank Services Trust Fund for operational expenses authorized under the Bank Services Trust Fund Act.

  • Appropriates $3,650,694,580 from the General Obligation Bond Retirement and Interest Fund ($2,238,363,835 for principal and $1,412,330,745 for interest) for payment of bonded indebtedness issued under various bond acts.

  • Appropriates additional amounts for refunds on protested tax cases ($1,000,000), arbitrage rebate payments ($1,000,000), Charitable Trust Stabilization Fund ($1,000,000), State Treasurer's Capital Fund ($500,000), and Illinois Higher Education Savings Program ($2,500,000); effective July 1, 2024.

Legislative Description

$TREASURER-OCE

Last Action

Session Sine Die

1/7/2025

Committee Referrals

Rules3/5/2024

Full Bill Text

No bill text available