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IL SB3828
Bill
AI Summary
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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
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Appropriates $1,000,000 from the General Revenue Fund to make refunds of accrued interest on protested tax cases
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Appropriates $24,768,430 from the State Pensions Fund for State Treasurer operational expenses for fiscal year ending June 30, 2025
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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
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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
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Effective July 1, 2024
Legislative Description
$TREASURER FY25
Last Action
Session Sine Die
1/7/2025