SB2508 A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB2508 Introduced 2/21/2023, 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, 2023, as follows: General Funds $ 3,350,000 Other State Funds $1,062,026,400 Total $1,065,376,400 OMB103 00058 LMM 45058 b SB2508 OMB103 00058 LMM 45058 b AN ACT concerning appropriations. 1 Be it enacted by the People of the State of Illinois, represented 2 in the General Assembly: 3 ARTICLE 1 4 Section 5. The amount of $2, 650,000, or so much thereof 5 as may be necessary, is appropriated from the General Revenue 6 Fund to the Governor’s Office of Management and Budget to meet 7 its operational expenses for the fiscal year ending June 30, 8 2024. 9 Section 10. The amount of $100,000, or so much thereof as 10 may be necessary, is appropriated from the General Revenue Fund 11 to the Governor’s Office of Management and Budget to meet its 12 operational expenses for Youth Budget Commission. 13 Section 15. The amount of $350,000, or so much thereof as 14 may be necessary, is appropriated from the General Revenue Fund 15 to the Governor’s Office of Management and Budget to meet its 16 operational expenses for the Budgeting for Results Initiative. 17 Section 20. The amount of $1 ,400,000, or so much thereof 18 as may be necessary, is appropriated from the Capital 19 SB2508 -2- OMB103 00058 LMM 45058 b Development Fund to the Governor’s Office of Management and 1 Budget for ordinary and contingent expenses associated with the 2 sale and administration of General Obligation bon ds. 3 Section 25. The amount of $650,000, or so much thereof as 4 may be necessary, is appropriated from the Build Illinois Bond 5 Fund to the Governor’s Office of Management and Budget for 6 ordinary and contingent expenses associated with the sale and 7 administration of Build Illinois bonds. 8 Section 30. The amount of $ 600,863,000, or so much thereof 9 as may be necessary, is appropriated from the Build Illinois 10 Bond Retirement and Interest Fund to the Governor’s Office of 11 Management and Budget for the purpos e of making payments to the 12 Trustee under the Master Indenture as defined by and pursuant 13 to the Build Illinois Bond Act. 14 Section 35. The amount of $113,400, or so much thereof as 15 may be necessary, is appropriated from the School 16 Infrastructure Fund to the Governor’s Office of Management and 17 Budget for operational expenses related to the School 18 Infrastructure Program. 19 Section 40. The sum of $4,000,000, or so much thereof as 20 may be necessary, is appropriated from the Grant Accountability 21 SB2508 -3- OMB103 00058 LMM 45058 b and Transparency Fund to the Governor’s Office of Management 1 and Budget for costs in support of the implementation and 2 administration of the Grant Accountability and Transparency Act 3 and the Budgeting for Results initiative. 4 Section 45. The sum of $250,000, or so much thereof as may 5 be necessary, is appropriated from the General Revenue Fund to 6 the Governor’s Office of Management and Budget for all costs 7 and administrative expenses associated with implementing, 8 monitoring and reporting State agency expenditures of funds 9 received from the federal government, including funds made 10 available under the American Rescue Plan Act or any other 11 federal acts. 12 Section 46. The sum of $455,000,000, or so much thereof 13 as may be necessary, is appropriated from the Tobacco 14 Settlement Recovery Fund to the Governor’s Office of Management 15 and Budget for the purposes of making payments to the Trustee 16 of those bonds issued by the Railsplitter Tobacco Settlement 17 Authority under the Railsplitter Tobacco Settlement Authority 18 Act. 19 Section 50. No contract shall be entered into or obligation 20 incurred for any expenditures from the appropriations made in 21 Sections 20, 25, 30 and 46 until after the purposes and amounts 22 SB2508 -4- OMB103 00058 LMM 45058 b have been approved in writing by the Governor. 1 Section 99. Effective date. This Act takes effect July 1, 2 2023. 3