Bill > SB2566

This bill appropriates $84,037,400 from the Illinois Sports Facilities Fund to the Illinois Sports Facilities Authority (ISFA) for its corporate purposes for the fiscal year beginning July 1, 2025. The bill specifies that the full amount may not be used if not necessary, giving the authority some flexibility in spending. The Illinois Sports Facilities Authority is a state agency responsible for managing sports facilities, likely including those related to professional sports teams in Illinois. The appropriation will support the organization's operational expenses and ongoing activities. The bill includes a standard effective date provision, ensuring that the funding becomes available at the start of the next fiscal year on July 1, 2025. This type of appropriations bill is routine for state agencies, providing the necessary funding to continue their operations and fulfill their mandated responsibilities.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2566&GAID=18&DocTypeID=SB&SessionID=114&GA=104