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Bill > HB0150


IL HB0150

$ILLINOIS POWER AGENCY-TECH


summary

Introduced
01/09/2025
In Committee
03/12/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Appropriates $2 from the General Revenue Fund to the Illinois Power Agency for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

AI Summary

This bill appropriates a minimal amount of $2 from the General Revenue Fund (the state's main operating fund) to the Illinois Power Agency (IPA) for its ordinary and contingent expenses for fiscal year 2026. The IPA is a state agency responsible for procurement and development of electricity resources, and this appropriation appears to be a technical funding measure to ensure the agency has basic financial support for its operations. The bill specifies that the funding will become effective on July 1, 2025, which marks the start of the next fiscal year, and allows for the full $2 to be used or a lesser amount as necessary to cover the agency's basic expenses.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Held on Calendar Order of Second Reading - Short Debate ** (on 03/21/2025)

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