Loading chat...
IL HB5040
Bill
Status
Introduced
2/4/2026
Primary Sponsor
Anthony DeLuca
Click for details
AI Summary
- State Comptroller prohibited from withholding, offsetting, or applying restricted funds payable to local governments against any debt
- Restricted funds include Motor Fuel Tax funds, Tax Increment Financing revenues, earmarked state/federal/county tax distributions, and grants with specific purpose requirements
- Local government restricted funds exempted from garnishment, attachment, or other legal processes to satisfy judgments or debts
- Comptroller required to publish and maintain an annual list of fund categories deemed restricted under this law
- Protections do not apply to federal government collection actions or limit enforcement of debts owed to the federal government as required by federal law
Legislative Description
LOCAL GOV-RESTRICTED FUNDS
Last Action
Assigned to State Government Administration Committee
3/4/2026
Committee Referrals
State Government Administration3/4/2026
Rules2/10/2026
Full Bill Text
No bill text available