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IL SB4099

Bill

Status

Introduced

2/25/2026

Primary Sponsor

Elgie Sims

Click for details

Origin

Senate

104th General Assembly

AI Summary

  • 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).

  • 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.

  • 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.

  • 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.

  • 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

Committee Referrals

Assignments2/25/2026

Full Bill Text

No bill text available