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IL SB2590

IL SB2590
$ISU


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 Illinois State University for the fiscal year beginning July 1, 2025, as follows: General Funds $82,175,300; Other State Funds $30,000; Total $82,205,300.

AI Summary

This bill appropriates funds for Illinois State University (ISU) for the fiscal year beginning July 1, 2025. Specifically, the bill allocates $82,175,300 from the Education Assistance Fund to the Board of Trustees of ISU to cover operational expenses for the fiscal year ending June 30, 2026. Additionally, the bill provides $30,000 from the State College and University Trust Fund to ISU for scholarship grant awards, which will be funded through the sale of collegiate license plates. The appropriations are designed to support the university's day-to-day operations and provide financial assistance to students through scholarships. The bill will take effect on July 1, 2025, marking the start of the new fiscal year for which these funds are designated.

Sponsors (1)

Last Action

Referred to Assignments (on 02/25/2025)

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