Bill > SB2556

This bill provides appropriations (funding allocations) for the Capital Development Board (CDB) for fiscal year 2025, authorizing several key expenditures across different funds. The bill allocates $6,964,000 from the Capital Development Fund and $13,660,400 from the Capital Development Board Revolving Fund for personnel services, including state contributions to employee retirement systems, social security, and group insurance. Additionally, the bill provides $2,500,000 for facility condition assessments, $2,500,000 for project management tracking, and $1,000,000 for operational expenses. The bill also appropriates $600,000 from the School Infrastructure Fund for operational purposes related to the School Infrastructure Program and $500,000 from the Energy Transition Assistance Fund to support operational expenses and administration of the Energy Transition Act, including the creation of the Illinois Stretch Energy Code. Furthermore, the bill reappropriates $500,000 from a previous public act for costs associated with the Mechanical Insulation Energy and Safety Assessment Pilot Program. The appropriations are designed to support the CDB's administrative and operational functions across various infrastructure and energy-related initiatives, with the bill set to take effect on July 1, 2025.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2556&GAID=18&DocTypeID=SB&SessionID=114&GA=104