Bill > HB3520

This bill appropriates a total of $1.5 billion from the Build Illinois Bond Fund (a state-level infrastructure financing mechanism) to two different state departments for specific capital improvement projects. Specifically, $1 billion will be allocated to the Department of Natural Resources to fund construction and maintenance of state-owned, leased, and managed recreation sites, which could include parks, trails, campgrounds, and other public recreational facilities. The remaining $500 million will be provided to the Department of Commerce and Economic Opportunity to issue grants for capital improvements to convention centers, which could involve renovation, expansion, or modernization of these public event spaces. The bill specifies that these appropriations will become effective on July 1, 2025, and notes that the full amount of funding may not necessarily be spent, allowing for flexibility in implementation based on actual project needs.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3520&GAID=18&DocTypeID=HB&SessionID=114&GA=104