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IL SB4085

Bill

Status

Introduced

2/25/2026

Primary Sponsor

Elgie Sims

Click for details

Origin

Senate

104th General Assembly

AI Summary

  • Appropriates $18.68 million from the State Treasurer's Administrative Fund and $28.05 million from the State Pensions Fund for operational expenses through June 30, 2027
  • Allocates $3.72 billion from the General Obligation Bond Retirement and Interest Fund for principal ($2.38 billion) and interest ($1.35 billion) payments on state bonds issued under multiple bond acts
  • Provides $10.035 million from the State Treasurer's Bank Services Trust Fund for operational expenses and $1 million from the General Revenue Fund for refunds on protested tax cases
  • Appropriates $2.5 million for the Illinois Higher Education Savings Program and $1 million for Charitable Trust Stabilization Fund administration and grants
  • Effective July 1, 2026

Legislative Description

$FY27 TREASURER

Last Action

Referred to Assignments

2/25/2026

Committee Referrals

Assignments2/25/2026

Full Bill Text

No bill text available