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Bill > HB2590


IL HB2590

IL HB2590
$OCE-IMSA


summary

Introduced
02/04/2025
In Committee
07/01/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Appropriates $26,282,000 from the Education Assistance Fund to the Illinois Mathematics and Science Academy to meet its ordinary and contingent expenses for the fiscal year ending June 30, 2026. Appropriates $5,925,000 from the IMSA Income Fund to the Illinois Mathematics and Science Academy to meet its ordinary and contingent expenses for the fiscal year ending June 30, 2026. Effective July 1, 2025.

AI Summary

This bill appropriates funding to the Illinois Mathematics and Science Academy (IMSA), a specialized high school focused on science and mathematics education, for its operational expenses during the fiscal year ending June 30, 2026. Specifically, the bill allocates $26,282,000 from the Education Assistance Fund and an additional $5,925,000 from the IMSA Income Fund, with the provision that only as much money as is necessary will be used from these allocations. These funds are intended to cover the academy's ordinary and contingent expenses, which likely include staff salaries, facility maintenance, educational resources, and other day-to-day operational costs. The bill will become effective on July 1, 2025, marking the start of the fiscal year for which these appropriations are designated. By providing these funds, the Illinois state legislature is demonstrating its continued support for specialized STEM education at the advanced high school level.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Rule 19(b) / Re-referred to Rules Committee (on 07/01/2025)

bill text


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