Bill > HB3930

This bill provides detailed appropriations for the Illinois Department of Financial and Professional Regulation (DFPR) for fiscal year 2025, allocating funds from various specific funds to support the department's operations across multiple regulatory areas. The bill breaks down funding for personal services, state contributions to retirement and social security systems, group insurance, contractual services, travel, electronic data processing, and other operational expenses for different divisions and programs. Key allocations include $13,378,200 from the Cannabis Regulation Fund for cannabis regulation operational expenses, $7,199,200 from the Compassionate Use of Medical Cannabis Fund, and $18,000,000 from the Professions Licensure Fund for a new licensing system. The bill also includes specific funding for various professional regulatory areas such as banking, real estate, dental and medical disciplinary oversight, nursing, and cemetery oversight. Notably, the bill adds small refund amounts to several fund allocations and covers expenses related to different professional licensing and regulatory functions. The appropriations will take effect on July 1, 2025, and are designed to support the comprehensive regulatory activities of the Department of Financial and Professional Regulation across multiple professional and financial sectors.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3930&GAID=18&DocTypeID=HB&SessionID=114&GA=104