Bill > SB3387

This bill, effective July 1, 2026, makes several changes to how certain funds are managed and how fees are collected. It amends the Illinois Coal Technology Development Assistance Act to ensure that specific amounts previously transferred from the General Revenue Fund (the state's main operating fund) to the Coal Technology Development Assistance Fund will now be directly deposited into the latter. Similarly, it modifies the Illinois Income Tax Act so that certain tax checkoff amounts will be directly deposited into their designated funds rather than being transferred from the General Revenue Fund. Additionally, the bill revises the Environmental Protection Act concerning fees on new and used tires; currently, a $2.50 fee per tire is collected, with portions going to the Used Tire Management Fund and the Emergency Public Health Fund, but starting July 1, 2026, the total fee will remain $2.50, with a slightly adjusted distribution: 4% to the General Revenue Fund, 75% to the Used Tire Management Fund, and 21% to the Emergency Public Health Fund, while also reducing the collection allowance for retail sellers.

Budget and Finance

https://www.ilga.gov/Legislation/BillStatus?DocNum=3387&GAID=18&DocTypeID=SB&SessionID=114&GA=104