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IL HB4707
Bill
Status
Introduced
1/29/2026
Primary Sponsor
Dagmara Avelar
Click for details
AI Summary
- Requires state grant-making agencies to issue grant agreements within 60 days after a grant's effective date
- Mandates the Governor's Office of Management and Budget provide training to state agency staff on State Prompt Payment Act services, advance payment eligibility, and Court of Claims jurisdiction and responsibilities
- Requires grant agreements to include anticipated billing and voucher transmission timelines, State Prompt Payment Act applicability, and payment methodology (advance pay, reimbursement, or working capital advance)
- Establishes a minimum 20% indirect cost rate for grant agreements (or the federally negotiated rate if higher), unless the recipient prefers a lower rate
- Exempts grants solely for capital projects and grants subject to conflicting federal law or federal grant obligations from these requirements
Legislative Description
GATA-ASSISTANCE
Last Action
Added Co-Sponsor Rep. Kevin John Olickal
3/13/2026
Committee Referrals
Tax Policy: Other Taxes2/26/2026
Revenue & Finance2/24/2026
Rules2/6/2026
Full Bill Text
No bill text available