Bill > HB3879

This bill appropriates funds to Eastern Illinois University (EIU) for the fiscal year beginning July 1, 2025, allocating money from three different state funding sources. Specifically, the bill provides $48,895,200 from the Education Assistance Fund to cover the university's operational expenses for the fiscal year ending June 30, 2026. Additionally, it allocates $7,000 from the State College and University Trust Fund for scholarship grant awards, and $500,000 from the General Revenue Fund for the Equity-based Student Achievement Program, which likely aims to support student success and reduce educational disparities. The bill specifies that these appropriations are subject to availability, using the phrase "or so much thereof as may be necessary," which allows for flexibility in spending. The appropriations will take effect on July 1, 2025, and are designed to support EIU's operational needs, provide student scholarships, and promote equitable student achievement.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3879&GAID=18&DocTypeID=HB&SessionID=114&GA=104