Bill > HB1966

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 legislation is a standard appropriations bill that provides funding for the department's operational costs, with the funding becoming effective on July 1, 2025. While the appropriated amount is extremely low, which is unusual, this could potentially be a placeholder bill, a partial appropriation, or part of a larger budgeting process. The bill is straightforward, simply allocating a specific sum to the state insurance department to support its basic functioning and day-to-day activities for the upcoming fiscal year.

Government Affairs

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1966&GAID=18&DocTypeID=HB&SessionID=114&GA=104