summary
Introduced
02/05/2026
02/05/2026
In Committee
02/05/2026
02/05/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Emergency Management Agency Act. Provides that for all funds in the State treasury established to provide funding for the administration and operation of the Illinois Emergency Management Agency's responsibilities, interest earned by the investment or deposit of moneys accumulated in the funds shall be deposited into the respective fund. Effective immediately.
AI Summary
This bill amends the Illinois Emergency Management Agency Act to ensure that any interest earned from the investment or deposit of money held in state treasury funds designated for the Illinois Emergency Management Agency's (IEMA) administrative and operational responsibilities is returned to and added to those specific funds. This means that any earnings generated by these funds will directly benefit the agency's resources, rather than going to a general state account. The bill also states that it will become effective immediately upon becoming law.
Sponsors (1)
Last Action
Referred to Assignments (on 02/05/2026)
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