Illinois 2023-2024 Regular Session

Illinois House Bill HB2636 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	HB2636
2	2	A BILL FOR
3	3
4	4	103RD GENERAL ASSEMBLY
5	5
6	6	State of Illinois
7	7
8	8	2023 and 2024
9	9	HB2636
10	10
11	11	Introduced , by Rep. Jehan Gordon -Booth
12	12
13	13	SYNOPSIS AS INTRODUCED:
14	14
15	15	Appropriates specified amounts from various funds to the
16	16	State Treasurer for specified purposes. Effective July 1, 2023 .
17	17
18	18
19	19	LRB103 30286 DTM 56714 b
20	20
21	21
22	22
23	23
24	24	HB2636 LRB103 30286 DTM 56714 b
25	25	AN ACT concerning appropriations. 1
26	26
27	27	Be it enacted by the People of the State of Illinois, represented 2
28	28	in the General Assembly: 3
29	29
30	30	Section 5. The sum of $14,126,850, or so much of that sum 4
31	31	as may be necessary, is appropriated from the State Treasurer’s 5
32	32	Administrative Fund to the Office of the State Treasurer to 6
33	33	meet its operational expenses for the fiscal year ending June 7
34	34	30, 2024. 8
35	35
36	36	Section 10. The sum of $1,000,000, or so much of that sum 9
37	37	as may be necessary, is appropriated from the General Revenue 10
38	38	Fund to the State Treasurer for the p urpose of making refunds 11
39	39	of accrued interest on protested tax cases. 12
40	40
41	41	Section 15. The sum of $19,341,860, or so much of that sum 13
42	42	as may be necessary, is appropriated from the State Pensions 14
43	43	Fund to the Office of the State Treasurer to meet its 15
44	44	operational expenses for the fiscal year ending June 30, 2024. 16
45	45
46	46	Section 20. The sum of $9,176,430, or so much of that sum 17
47	47	as may be necessary, is appropriated from the State Treasurer’s 18
48	48	Bank Services Trust Fund to the State Treasurer for the 19
49	49	operational expenses authorized under the State Treasurer's 20 HB2636 -2- LRB103 30286 DTM 56714 b
50	50
51	51	Bank Services Trust Fund Act. 1
52	52
53	53	Section 25. The following amounts, or so much of those 2
54	54	amounts as may be necessary, respectively, for the objects and 3
55	55	purposes named in this Section, are appropriated to the State 4
56	56	Treasurer for the payment of interest on and retirement of 5
57	57	State bonded indebtedness: 6
58	58
59	59	For payment of principal and interest on any and all bonds 7
60	60	issued pursuant to the Anti -Pollution Bond Act, the 8
61	61	Transportation Bond Act, the Capital Development Bond Act of 9
62	62	1972, the School Construction Bond Act, the Illinois Coa l and 10
63	63	Energy Development Bond Act, and the General Obligation Bond 11
64	64	Act: 12
65	65	From the General Obligation Bond Retirement and Interest Fund: 13
66	66	Principal ................................ ....$2,129,408,970 14
67	67	Interest ................................ .....$1,412,727,990 15
68	68	Total $3,542,136,960 16
69	69
70	70	Section 30. The sum of $1,000,000, or so much of that sum 17
71	71	as may be necessary, is appropriated from the General 18
72	72	Obligation Bond Rebate Fund to the State Treasurer for the 19
73	73	purpose of making arbitrage rebate payments to the United 20
74	74	States government. 21
75	75	HB2636 -3- LRB103 30286 DTM 56714 b
76	76
77	77	Section 35. The sum of $1,000,000, or so much of that sum 1
78	78	as may be necessary, is appropriated from the Charitable Trust 2
79	79	Stabilization Fund to the State Treasurer for the State 3
80	80	Treasurer’s operational costs to administer the Charitable 4
81	81	Trust Stabilization Fund and for grants to public and private 5
82	82	entities in the State for the purposes set out in the Charitable 6
83	83	Trust Stabilization Act. 7
84	84
85	85	Section 40. The sum of $250,000, or so much of that sum 8
86	86	as may be necessary, is appropriated from the State Treasurer’s 9
87	87	Capital Fund for the construction, recons truction, renovation, 10
88	88	repair, operation and maintenance of the buildings, grounds and 11
89	89	facilities of the State Treasurer. 12
90	90
91	91	Section 45. The sum of $2,500,000, or so much of that sum 13
92	92	as may be necessary, is appropriated from the Illinois Higher 14
93	93	Education Savings Program Fund to the Office of the State 15
94	94	Treasurer for the Illinois Higher Education Savings Program. 16
95	95
96	96	Section 99. Effective date. This Act takes effect July 1, 17
97	97	2023. 18