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IL HB3893

IL HB3893
$DCEO


summary

Introduced
02/21/2025
In Committee
02/25/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Makes appropriations for the ordinary and contingent expenses of the Department of Commerce and Economic Opportunity for the fiscal year beginning July 1, 2025, as follows: General Funds $182,191,670: Other State Funds $2,149,841,888: Federal Funds $2,493,793,066: Total $4,825,826,624.

AI Summary

This bill provides appropriations for the Illinois Department of Commerce and Economic Opportunity (DCEO) for the fiscal year beginning July 1, 2025, allocating funds across multiple areas and programs. The bill includes appropriations for operational expenses, grants, and administrative costs in various domains such as tourism, workforce development, economic development, community assistance, energy programs, and broadband initiatives. Key funding sources include the General Revenue Fund, Tourism Promotion Fund, Cannabis Business Development Fund, and various other state and federal funds. The bill allocates significant resources to support job training, small business development, tourism promotion, energy transition, community development, and specific grants to local organizations and municipalities. Notable allocations include $350,000,000 for the Energy Transition Act, $625,000,000 for federal broadband awards, $325,000,000 for workforce training programs, and numerous smaller grants to local entities for economic development, community services, and infrastructure improvements. The bill aims to support economic growth, workforce development, and community resilience across Illinois through targeted financial support.

Sponsors (1)

Last Action

Referred to Rules Committee (on 02/25/2025)

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