Bill > SB2576

This bill provides a detailed appropriations budget for the Illinois Racing Board for the fiscal year beginning July 1, 2025, allocating specific funding amounts for various operational expenses. The total appropriation is $5,072,100, which will be paid from the Horse Racing Fund and covers a wide range of expenditures including personal services ($1,494,000), state contributions to employee retirement and social security systems ($869,400), group insurance ($354,000), and specific program expenses. A notable provision increases funding for "Expenses related to the Regulation and Promotion of Racing Program" to $1,475,000, which can also be used to augment organization licensee purse accounts when ordered by the Board. The bill ensures funding for critical operational needs such as contractual services, travel, commodities, equipment, electronic data processing, telecommunications, laboratory programs, and other administrative costs. The appropriation will take effect on July 1, 2025, providing financial support for the Illinois Racing Board's activities in the upcoming fiscal year.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2576&GAID=18&DocTypeID=SB&SessionID=114&GA=104