Bill > HB3880

This bill provides an appropriation of $27,376,700 from the Education Assistance Fund to the Board of Trustees of Governors State University (GSU) for operational expenses during the fiscal year ending June 30, 2026. The appropriation is flexible, meaning the university can use up to the full amount as needed, but not necessarily the entire sum. The bill specifies that it will take effect on July 1, 2025, which marks the beginning of the fiscal year for which the funds are allocated. This type of legislative appropriation is a standard process for funding state universities, ensuring they have the necessary financial resources to operate and maintain their educational services for the upcoming fiscal year.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3880&GAID=18&DocTypeID=HB&SessionID=114&GA=104