Illinois General Assembly - Full Text of SB2553

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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB2553

Introduced 2/25/2025, by Sen. Elgie R. Sims, Jr.

SYNOPSIS AS INTRODUCED:

Makes appropriations for the ordinary and contingent expenses of the Governor's Office of Management and Budget for the fiscal year beginning July 1, 2025, as follows:

General Funds $4,800,000
Other State Funds $639,463,400
Total $644,263,400

AN ACT concerning appropriations.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

ARTICLE 1

Section 5. The following named amounts, or so much thereof as may be necessary, respectively, for the objects and purposes hereinafter named, are appropriated from the General Revenue Fund to the Governor's Office of Management and Budget: For all costs and administrative expenses associated with

implementing, monitoring and reporting State agency

expenditures of funds received from the federal government,

including funds made available under the American Rescue

Plan Act or any other federal act..................550,000 For all costs and administrative expenses associated with

financial audits, internal controls, and reporting of the

State's financial statements.......................550,000 For operational expenses of the Budgeting for

Results Initiative.................................400,000 For Operational Expenses..........................3,300,000

Total $4,800,000

Section 10. The amount of $1,400,000, or so much thereof as may be necessary, is appropriated from the Capital Development Fund to the Governor's Office of Management and Budget for ordinary and contingent expenses associated with the sale and administration of General Obligation Bonds.

Section 15. The amount of $4,000,000, or so much thereof as may be necessary, is appropriated from the Grant Accountability and Transparency Fund to the Governor's Office of Management and Budget for costs in support of the implementation and administration of the Grant Accountability and Transparency Act and the Budgeting for Results initiative.

Section 20. The sum of $113,400, or so much thereof as may be necessary, is appropriated from the School Infrastructure Fund to the Governor's Office of Management and Budget for operational expenses related to the School Infrastructure Program.

Section 25. The amount of $633,300,000, or so much thereof as may be necessary, is appropriated from the Build Illinois Bond Retirement and Interest Fund to the Governor's Office of Management and Budget for the purpose of making payments to the Trustee under the Master Indenture as defined by and pursuant to the Build Illinois Bond Act.

Section 30. The amount of $650,000, or so much thereof as may be necessary, is appropriated from the Build Illinois Bond Fund to the Governor's Office of Management and Budget for ordinary and contingent expenses associated with the sale and administration of Build Illinois bonds.

Section 35. No contract shall be entered into or obligation incurred for any expenditures from the appropriations made in Sections 10, 25 and 30 until after the purposes and amounts have been approved in writing by the Governor.

Section 99. Effective date. This Act takes effect July 1, 2025.