IL HB1886

Beginning in 2026, the Governor's Office of Management and Budget must report all line-item appropriation transfers made under Section 13.2 of the State Finance Act to legislative appropriations committee leaders and the Commission on Government Forecasting and Accountability

Reports must be submitted at the same time as the State budget and include transfers from the previous fiscal year, current fiscal year to date, and projected transfers for the remainder of the current and next fiscal year

Each report must contain a detailed summary of the estimates used to calculate projected line-item transfers

The bill expands existing transfer reporting requirements, which already cover transfers from general funds to special funds, to now also include transfers among line-item appropriations

The General Assembly is directed to consider these reports during the appropriations process; the bill takes effect immediately upon becoming law