Bill > HB3937

This bill provides appropriations (funding) for the Governor's Office of Management and Budget (GOMB) for the fiscal year starting July 1, 2025, allocating money from several different state funds for various purposes. From the General Revenue Fund, $4,800,000 is appropriated for administrative expenses including monitoring federal fund expenditures (such as those from the American Rescue Plan Act), conducting financial audits, supporting the Budgeting for Results Initiative, and covering operational expenses. Additional funds are allocated from other sources: $1,400,000 from the Capital Development Fund for General Obligation Bond administration, $4,000,000 from the Grant Accountability and Transparency Fund to support grant implementation and the Budgeting for Results initiative, $113,400 from the School Infrastructure Fund for program-related operational expenses, $633,300,000 from the Build Illinois Bond Retirement and Interest Fund for bond payments, and $650,000 from the Build Illinois Bond Fund for bond sale and administration expenses. The bill includes a provision that contracts for certain expenditures must be approved in writing by the Governor, and it will take effect on July 1, 2025.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3937&GAID=18&DocTypeID=HB&SessionID=114&GA=104