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Bill > HB5697


IL HB5697

IL HB5697
$FY27 SURS OCE


summary

Introduced
02/18/2026
In Committee
02/19/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Makes appropriations for the ordinary and contingent expenses of the State Universities Retirement System for the fiscal year beginning July 1, 2026, as follows: General Funds $2,127,851,648; Other State Funds $250,000,000; Total $2,377,851,648.

AI Summary

This bill appropriates funds for the ordinary and contingent expenses of the State Universities Retirement System (SURS) for the fiscal year beginning July 1, 2026, totaling $2,377,851,648. Specifically, it allocates $2,116,144,000 from the General Revenue Fund for the State's contribution to SURS, $250,000,000 from the State Pensions Fund as permitted by law, and $11,707,648 from the Education Assistance Fund to be deposited into the Community College Health Insurance Security Fund for the State's required contributions. The bill takes effect on July 1, 2026.

Sponsors (1)

Last Action

Referred to Rules Committee (on 02/19/2026)

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