summary
Introduced
01/24/2025
01/24/2025
In Committee
01/28/2025
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
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1693&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
BillText | https://www.ilga.gov/legislation/104/HB/10400HB1693.htm |
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