SB3897 Summary

• Appropriates $720,441,100 total to the Board of Trustees of the University of Illinois for fiscal year 2024-2025, comprising $710,413,300 in General Funds, $9,871,200 in Other State Funds, and $156,600 in Federal Funds.

• Allocates $644,640,400 from the Education Assistance Fund for operational expenses and $40,380,600 from the General Revenue Fund for University of Illinois Hospital operating costs.

• Provides targeted funding for specific programs including $3,000,000 for the Illinois Innocence Project at Springfield, $2,000,000 for the Climate Jobs Institute, and $5,671,200 for the Illinois Fire Service Institute.

• Appropriates funds from specialized sources including the Fire Prevention Fund, Coal Technology Development Assistance Fund, Pet Population Control Fund, and Emergency Public Health Fund for specific research, training, and service initiatives.

• Takes effect July 1, 2024, with gubernatorial approval required for water rates report expenditures from coronavirus emergency appropriations.