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IL SB4099
Bill
Status
2/25/2026
Primary Sponsor
Elgie Sims
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AI Summary
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Appropriates $186,398,800 from Other State Funds for the ordinary and contingent expenses of the Illinois Department of Financial and Professional Regulation for fiscal year 2027 (beginning July 1, 2026).
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Allocates funds across multiple regulatory divisions including: $26.7 million for domestic and foreign commercial bank regulation, $17.5 million for medical disciplinary operations, $13.7 million for adult-use cannabis regulation, and $12.7 million for general professions licensing.
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Provides $11 million from the Financial Institution Fund and $6.8 million from the Credit Union Fund for regulatory oversight of financial institutions and credit unions.
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Appropriates $7.9 million for real estate licensing and enforcement, $8.2 million for mortgage banking and thrift regulation, and $6 million for Cannabis Regulation Oversight Officer administration.
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Funds standard operational expenses across divisions including personal services (salaries), state employee retirement contributions, group insurance, contractual services, travel, electronic data processing, and telecommunications.
Legislative Description
$FY27 DFPR OCE
Last Action
Referred to Assignments
2/25/2026