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IL HB4549

Bill

Official Source

Status

Introduced

1/22/2026

Primary Sponsor

Robert Rita

Click for details

Origin

House of Representatives

104th General Assembly

AI Summary

  • Amends the State Finance Act to require transfers from over 130 named state funds into the Audit Expense Fund within 30 days after July 1, 2026.
  • Transfers $17,653,153 from the General Revenue Fund, the largest single transfer among all specified funds.
  • Includes transfers from the Education Assistance Fund ($2,413,507), State Pensions Fund ($500,000), Technology Management Revolving Fund ($475,678), and Common School Fund ($391,650).
  • Replaces the previous transfer date of July 1, 2025 with the new date of July 1, 2026.
  • Takes effect immediately upon becoming law.

Legislative Description

STATE FINANCE-AUDIT FUND

Last Action

Assigned to Appropriations-General Services Committee

3/12/2026

Committee Referrals

Appropriations-General Service3/12/2026
Rules1/30/2026

Full Bill Text

No bill text available