IL HB5656

Appropriates $769,443,400 total for the Governor's Office of Management and Budget for fiscal year 2027 (beginning July 1, 2026), with $5,280,000 from General Funds and $764,163,400 from Other State Funds.

Allocates $757,700,000 from the Build Illinois Bond Retirement and Interest Fund for debt service payments to the Trustee under the Build Illinois Bond Act.

Provides $5,280,000 from General Revenue for operational expenses, federal fund monitoring (including American Rescue Plan Act funds), financial audits, and the Budgeting for Results Initiative.

Appropriates $4,300,000 from the Grant Accountability and Transparency Fund for implementing and administering the Grant Accountability and Transparency Act.

Requires Governor's written approval before entering contracts or incurring obligations for bond-related appropriations from the Capital Development Fund, Build Illinois Bond Retirement Fund, and Build Illinois Bond Fund.