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IL HB5638

Bill

Status

Introduced

2/18/2026

Primary Sponsor

Robyn Gabel

Click for details

Origin

House of Representatives

104th General Assembly

AI Summary

  • 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)

  • 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)

  • Covers standard operational expenses such as personal services, state retirement contributions, group insurance, contractual services, travel, electronic data processing, and telecommunications

  • 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)

  • 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

Committee Referrals

Rules2/19/2026

Full Bill Text

No bill text available