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IL SB2568

IL SB2568
$PROCUREMENT POLICY BOARD


summary

Introduced
02/25/2025
In Committee
02/25/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Makes appropriations for the ordinary and contingent expenses of the Procurement Policy Board for the fiscal year beginning July 1, 2025, as follows: General Funds $567,000.

AI Summary

This bill appropriates $567,000 from the General Revenue Fund to the Procurement Policy Board for its ordinary and contingent expenses for the fiscal year beginning July 1, 2025. The General Revenue Fund is the primary operating fund for the state of Illinois, used to support various government functions and agencies. The appropriation will help cover the Procurement Policy Board's operational costs, which likely include staff salaries, administrative expenses, and other necessary expenditures to support the board's mission of overseeing and improving procurement processes for the state government. The bill specifies that the full $567,000 may not be used if the board does not require the entire amount, providing flexibility in spending. The bill will take effect on July 1, 2025, which marks the start of the fiscal year for which these funds are allocated.

Sponsors (1)

Last Action

Referred to Assignments (on 02/25/2025)

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