| 1 | 1 | | HB2675 |
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| 2 | 2 | | A BILL FOR |
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| 3 | 3 | | |
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| 4 | 4 | | 103RD GENERAL ASSEMBLY |
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| 5 | 5 | | |
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| 6 | 6 | | State of Illinois |
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| 7 | 7 | | |
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| 8 | 8 | | 2023 and 2024 |
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| 9 | 9 | | HB2675 |
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| 10 | 10 | | |
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| 11 | 11 | | Introduced , by Rep. Jehan Gordon -Booth |
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| 12 | 12 | | |
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| 13 | 13 | | SYNOPSIS AS INTRODUCED: |
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| 14 | 14 | | |
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| 15 | 15 | | Makes appropriations for the ordinary and contingent |
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| 16 | 16 | | expenses of the State Universities Retirement System for the |
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| 17 | 17 | | fiscal year beginning July 1, 2023, as follows: |
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| 18 | 18 | | |
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| 19 | 19 | | General Funds $1,928,183,703 |
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| 20 | 20 | | Other State Funds $ 215,000,000 |
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| 21 | 21 | | Total $2,143,183,703 |
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| 22 | 22 | | |
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| 23 | 23 | | |
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| 24 | 24 | | |
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| 25 | 25 | | OMB103 00145 JCB 45145 b |
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| 26 | 26 | | |
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| 27 | 27 | | |
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| 28 | 28 | | |
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| 29 | 29 | | |
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| 30 | 30 | | HB2675 OMB103 00145 JCB 45145 b |
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| 31 | 31 | | |
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| 32 | 32 | | AN ACT concerning appropriations. 1 |
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| 33 | 33 | | |
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| 34 | 34 | | Be it enacted by the People of the State of Illinois, represented 2 |
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| 35 | 35 | | in the General Assembly: 3 |
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| 36 | 36 | | |
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| 37 | 37 | | ARTICLE 1 4 |
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| 38 | 38 | | |
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| 39 | 39 | | Section 5. The sum of $1,9 18,335,000, or so much thereof 5 |
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| 40 | 40 | | as may be necessary, is appropriated from the General Revenue 6 |
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| 41 | 41 | | Fund to the Board of Trustees of the State Universities 7 |
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| 42 | 42 | | Retirement System for the State’s contribution, as provided by 8 |
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| 43 | 43 | | law. 9 |
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| 44 | 44 | | |
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| 45 | 45 | | Section 10. The sum of $215,000,000, or so much thereof as 10 |
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| 46 | 46 | | may be necessary, is appropriated from the State Pensions Fund 11 |
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| 47 | 47 | | to the Board of Trustees of the Stat e Universities Retirement 12 |
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| 48 | 48 | | System pursuant to the provisions of Section 8.12 of the State 13 |
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| 49 | 49 | | Finance Act. 14 |
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| 50 | 50 | | |
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| 51 | 51 | | Section 15. The sum of $ 9,848,703, or so much thereof as 15 |
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| 52 | 52 | | may be necessary, is appropriated from the Education Assistance 16 |
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| 53 | 53 | | Fund to the State Universiti es Retirement System for deposit 17 |
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| 54 | 54 | | into the Community College Health Insurance Security Fund for 18 |
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| 55 | 55 | | the State’s contributions, as required by law. 19 |
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| 56 | 56 | | HB2675 -2- OMB103 00145 JCB 45145 b |
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| 57 | 57 | | |
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| 58 | 58 | | Section 99. Effective date. This Act takes effect July 1, 1 |
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| 59 | 59 | | 2023. 2 |
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