Bill > HB3942

This bill is an appropriations bill that allocates funding for the Illinois Department of Revenue (DOR) for the fiscal year beginning July 1, 2025, detailing specific allocations from multiple funds for various governmental services and operational expenses. The bill provides funding from several sources including the Personal Property Tax Replacement Fund (with $36,762,500 for government services like state's attorneys' salaries and county official stipends), the Motor Fuel Tax Fund (allocating $77,000,000 for refunds and interstate fuel tax agreements), the State and Local Sales Tax Reform Fund (providing $190,000,000 to Chicago for use tax), and the Local Government Distributive Fund (allocating $600,000,000 to local governments). Additionally, the bill includes operational expenses for the Department of Revenue from different funds, such as $53,038,700 from the General Revenue Fund, $118,886,300 from the Tax Compliance and Administration Fund, and smaller amounts from specialized funds like the Cannabis Regulation Fund and the Tennessee Valley Authority Local Trust Fund. The bill covers a wide range of expenses including administrative costs, tax enforcement, refunds, and allocations to local governments, with a clear effective date of July 1, 2025.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3942&GAID=18&DocTypeID=HB&SessionID=114&GA=104