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IL SB3828

Bill

Status

Failed

1/7/2025

Primary Sponsor

Elgie Sims

Click for details

Origin

Senate

103rd General Assembly

AI Summary

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

  • Appropriates $1,000,000 from the General Revenue Fund to make refunds of accrued interest on protested tax cases

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

  • Appropriates $3,650,694,580 from the General Obligation Bond Retirement and Interest Fund for principal and interest payments on various state bonds, including $2,238,363,835 for principal and $1,412,330,745 for interest

  • Appropriates additional funds including $10,035,270 for bank services, $1,000,000 for arbitrage rebate payments, $1,000,000 from the Charitable Trust Stabilization Fund, $500,000 for capital improvements, and $2,500,000 for the Illinois Higher Education Savings Program

  • Effective July 1, 2024

Legislative Description

$TREASURER FY25

Last Action

Session Sine Die

1/7/2025

Committee Referrals

Assignments2/28/2024

Full Bill Text

No bill text available