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Bill > HB0105


IL HB0105

$DEPT OF INSURANCE-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 Department of Insurance 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 (GRF) to the Illinois Department of Insurance to cover its ordinary and contingent expenses for fiscal year 2026. The bill is a standard appropriations measure that provides funding for the department's operational costs, with the appropriation set to take effect on July 1, 2025. While the dollar amount is unusually low, which could indicate this is a placeholder or symbolic appropriation, the legislation follows the typical legislative format for allocating state funds to a specific government agency, ensuring the Department of Insurance has some baseline financial authorization for its activities in the upcoming fiscal year.

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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