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IL HB5638
Bill
Status
2/18/2026
Primary Sponsor
Robyn Gabel
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AI Summary
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Appropriates $186,398,800 from Other State Funds for the Illinois Department of Financial and Professional Regulation's ordinary and contingent expenses for fiscal year 2027 (beginning July 1, 2026)
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Allocates funding across multiple regulatory divisions including: Bank and Trust Company Fund ($26,738,200), Cannabis Regulation Fund ($19,630,000 total), and Illinois State Medical Disciplinary Fund ($17,477,900)
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Covers standard operational expenses such as personal services, state retirement contributions, group insurance, contractual services, travel, electronic data processing, and telecommunications
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Funds regulation of financial institutions including commercial banks, credit unions ($6,766,500), savings banks ($684,900), mortgage banking ($8,225,100), and pawnbrokers ($474,000)
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Supports professional licensing programs including real estate ($7,870,600), appraisals ($1,440,700), general professions ($12,721,600), and dental disciplinary activities ($2,441,300)
Legislative Description
$FY27 DFPR OCE
Last Action
Referred to Rules Committee
2/19/2026