Bill > HB2730

This bill appropriates $54,256,600 from the General Revenue Fund (GRF), which is the state's main operating fund, to Northeastern Illinois University (NEIU) to cover its ordinary and contingent expenses. These expenses typically include day-to-day operational costs such as salaries, utilities, maintenance, academic supplies, and other essential administrative and educational expenditures. The appropriation is set to take effect on July 1, 2025, which marks the beginning of the state's next fiscal year. The bill specifies that the full amount may be used, but allows for the possibility that the university might not require the entire appropriated sum, indicating flexibility in spending.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2730&GAID=18&DocTypeID=HB&SessionID=114&GA=104