Bill > HB3920

This bill provides appropriations (funding allocations) to the Illinois State Treasurer's Office for fiscal year 2026, specifying funding from various state funds for different purposes. Specifically, the bill allocates $17,238,400 from the State Treasurer's Administrative Fund for operational expenses, $1,000,000 from the General Revenue Fund for tax case interest refunds, $26,225,000 from the State Pensions Fund for operational expenses, and $10,035,270 from the State Treasurer's Bank Services Trust Fund for authorized operational expenses. Additionally, the bill appropriates $2,370,028,488 for principal and $1,361,536,952 for interest payments on state bonds from the General Obligation Bond Retirement and Interest Fund, covers $1,000,000 for arbitrage rebate payments, allocates $1,000,000 to the Charitable Trust Stabilization Fund for operational costs and grants, provides $500,000 for State Treasurer building maintenance, and sets aside $2,500,000 for the Illinois Higher Education Savings Program. The bill is set to take effect on July 1, 2025, and ensures funding for various state financial obligations and operational needs.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3920&GAID=18&DocTypeID=HB&SessionID=114&GA=104