Illinois 2025-2026 Regular Session

Illinois House Bill HB2039

Introduced
1/29/25  
Refer
2/4/25  
Refer
3/4/25  

Caption

$UPPER IL RIVER VALLEY-TECH

Impact

The passage of HB2039, while limited in scope due to its small appropriation, is significant in maintaining continued funding for the Upper Illinois River Valley Development Authority. Given that the authority may rely on such appropriated funds for operational costs, the bill's approval suggests a commitment from the state to support regional development initiatives. However, the impact on state laws is expected to be minimal, as the bill merely reallocates existing resources without introducing new regulatory frameworks.

Summary

House Bill 2039 introduces a very specific appropriation measure, designating a total of $2 from the General Revenue Fund to the Upper Illinois River Valley Development Authority for its fiscal year 2026 ordinary and contingent expenses. This bill is relatively straightforward in nature, primarily focusing on the allocation of minimal funds intended to support the operations of the designated authority. As such, the bill does not propose broad legislative changes but rather a targeted financial commitment to a regional development entity.

Contention

Given the nominal funding proposed by HB2039, there appears to be little contention surrounding the bill. Most discussions and possible debates would likely revolve around the appropriateness of the funding amount and discussions reflecting the broader prioritization of state expenditures. The lack of substantial funding or changes may result in limited public or legislative pushback, contrasting with more contentious bills that could have extensive fiscal implications or regulatory consequences.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.