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Bill > HB0177


IL HB0177

$SO IL ECON DEV AUTH-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 Southern Illinois Economic Development Authority for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

AI Summary

This bill appropriates $2 from the General Revenue Fund (GRF) to the Southern Illinois Economic Development Authority (SIEDA) for its fiscal year 2026 operational expenses. The appropriation is specifically designated to cover the authority's ordinary and contingent expenses, which typically include day-to-day operating costs, administrative expenses, and potential unexpected expenditures. While the monetary amount is quite small, the bill provides funding to support the ongoing work of SIEDA, a state agency focused on economic development initiatives in Southern Illinois. The bill is set to take effect on July 1, 2025, which marks the start of the next fiscal year, and represents a standard legislative mechanism for providing financial resources to a state economic development organization.

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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