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IL SB2531

IL SB2531
$DCEO


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 Department of Commerce and Economic Opportunity for the fiscal year beginning July 1, 2025, as follows: General Funds $182,191,670; Other State Funds $2,149,841,888; Federal Funds $2,493,793,066; Total $4,825,826,624.

AI Summary

This bill makes appropriations for the Department of Commerce and Economic Opportunity (DCEO) for the fiscal year beginning July 1, 2025, allocating funding across various programs and initiatives. The bill includes appropriations from multiple funds such as the General Revenue Fund, Tourism Promotion Fund, and State Coronavirus Urgent Remediation Emergency Fund, totaling hundreds of millions of dollars. Key areas of funding include tourism promotion, workforce development, job training, economic development grants, community assistance, broadband expansion, energy transition programs, and support for small businesses. The bill provides specific grants to numerous local governments, non-profit organizations, and chambers of commerce across Illinois, with amounts ranging from a few thousand to millions of dollars. These grants cover a wide range of purposes, including infrastructure improvements, operational expenses, violence prevention, cultural programs, and economic development efforts. The bill also includes provisions for reappropriating unexpended funds from previous fiscal years and sets an effective date of July 1, 2025.

Sponsors (1)

Last Action

Referred to Assignments (on 02/25/2025)

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