Bill

Bill > HB1693


IL HB1693

IL HB1693
$CENTRAL IL ECON DEV AUTH-TECH


summary

Introduced
01/24/2025
In Committee
01/28/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Appropriates $2 from the General Revenue Fund to the Central Illinois Economic Development Authority 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 Central Illinois Economic Development Authority (CIEDA) to cover its ordinary and contingent expenses for fiscal year 2026, with the appropriation set to take effect on July 1, 2025. While the monetary amount is extremely small, the bill provides financial support to a regional economic development agency, which typically works to attract businesses, promote economic growth, and support job creation in the central Illinois region. The appropriation, though symbolically small, represents legislative recognition of the authority's role in local economic development efforts.

Sponsors (1)

Last Action

Referred to Rules Committee (on 01/28/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...