Bill > HB5656

This bill appropriates funds for the ordinary and contingent expenses of the Governor's Office of Management and Budget (GOMB) for the fiscal year beginning July 1, 2026, totaling $769,443,400, with $5,280,000 coming from General Funds and $764,163,400 from Other State Funds. Specifically, it allocates funds for various GOMB operations including administrative expenses for federal funds like those from the American Rescue Plan Act, financial audits and internal controls, the Budgeting for Results Initiative, and general operational expenses. Additionally, it appropriates funds from specific accounts like the Capital Development Fund for General Obligation Bond sales and administration, the Grant Accountability and Transparency Fund for implementing that act and Budgeting for Results, the School Infrastructure Fund for the School Infrastructure Program, and the Build Illinois Bond Retirement and Interest Fund and Build Illinois Bond Fund for Build Illinois bonds. A key provision requires that no contracts or obligations for expenditures from the appropriations related to General Obligation Bonds and Build Illinois bonds can be made until the Governor approves the purposes and amounts in writing. The bill takes effect on July 1, 2026.

https://www.ilga.gov/Legislation/BillStatus?DocNum=5656&GAID=18&DocTypeID=HB&SessionID=114&GA=104