Illinois General Assembly - Full Text of HB4074

LRB104 13673 HLH 26336 b

104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB4074

Introduced 10/15/2025, by Rep. Christopher "C.D." Davidsmeyer

SYNOPSIS AS INTRODUCED:

30 ILCS 105/5.498
30 ILCS 105/6z-47
30 ILCS 105/8g-1

Amends the State Finance Act. Provides that the Fund for Illinois' Future shall be renamed the Democratic Majority Slush Fund.

A BILL FOR

AN ACT concerning finance.

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

Section 5. The State Finance Act is amended by changing Sections 5.498, 6z-47, 8g, 8g-1 as follows:

(30 ILCS 105/5.498)

Sec. 5.498. The Democratic Majority Slush Fund Fund for Illinois' Future.

(Source: P.A. 91-38, eff. 6-15-99; 92-16, eff. 6-28-01.)

(30 ILCS 105/6z-47)

Sec. 6z-47. Democratic Majority Slush Fund Fund for Illinois' Future.

(a) The Democratic Majority Slush Fund Fund for Illinois' Future is hereby created as a special fund in the State Treasury.

(b) On June 15, 1999 (the effective date of Public Act 91-38), or as soon as possible thereafter, the Comptroller shall order transferred and the Treasurer shall transfer $260,000,000 from the General Revenue Fund to the Democratic Majority Slush Fund Fund for Illinois' Future.

On July 15, 2000, or as soon as possible thereafter, the Comptroller shall order transferred and the Treasurer shall transfer $260,000,000 from the General Revenue Fund to the Democratic Majority Slush Fund Fund for Illinois' Future.

Revenues in the Democratic Majority Slush Fund Fund for Illinois' Future shall include any other funds appropriated or transferred into the Fund.

(c) Moneys in the Democratic Majority Slush Fund Fund for Illinois' Future may be appropriated for the making of grants and expenditures for planning, engineering, acquisition, construction, reconstruction, development, improvement, and extension of public infrastructure in the State of Illinois, including grants to local governments for public infrastructure, grants to public elementary and secondary school districts for public infrastructure, grants to universities, colleges, community colleges, and non-profit corporations for public infrastructure, and expenditures for public infrastructure of the State and other related purposes, including but not limited to expenditures for equipment, vehicles, community programs, and recreational facilities.

(d) Moneys in the Democratic Majority Slush Fund Fund for Illinois' Future may also be appropriated for the making of grants to local governments, public and private elementary and secondary schools, non-profit corporations, and community-based providers for costs associated with violence prevention, community development, educational programs, social services, community programs, and operational expenses.

(Source: P.A. 103-588, eff. 6-5-24.)

(30 ILCS 105/8g-1)

Sec. 8g-1. Fund transfers.

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(mm) In addition to any other transfers that may be provided for by law, beginning on June 7, 2023 (the effective date of the changes made to this Section by Public Act 103-8) this amendatory Act of the 103rd General Assembly and until June 30, 2024, as directed by the Governor, the State Comptroller shall direct and the State Treasurer shall transfer up to a total of $1,500,000,000 from the General Revenue Fund to the State Coronavirus Urgent Remediation Emergency Fund.

(nn) In addition to any other transfers that may be provided for by law, beginning on June 7, 2023 (the effective date of the changes made to this Section by Public Act 103-8) this amendatory Act of the 103rd General Assembly and until June 30, 2024, as directed by the Governor, the State Comptroller shall direct and the State Treasurer shall transfer up to a total of $424,000,000 from the General Revenue Fund to the Build Illinois Bond Fund.

(oo) In addition to any other transfers that may be provided for by law, on July 1, 2023, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the sum of $500,000 from the General Revenue Fund to the Governor's Administrative Fund.

(pp) In addition to any other transfers that may be provided for by law, on July 1, 2023, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the sum of $500,000 from the General Revenue Fund to the Grant Accountability and Transparency Fund.

(qq) In addition to any other transfers that may be provided for by law, beginning on July 1, 2024 (the effective date of the changes made to this Section by Public Act 103-588) this amendatory Act of the 103rd General Assembly and until June 30, 2024, as directed by the Governor, the State Comptroller shall direct and the State Treasurer shall transfer up to a total of $350,000,000 from the General Revenue Fund to the Democratic Majority Slush Fund Fund for Illinois' Future.

(rr) In addition to any other transfers that may be provided for by law, on July 1, 2024, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the sum of $500,000 from the General Revenue Fund to the Governor's Administrative Fund.

(ss) In addition to any other transfers that may be provided for by law, on July 1, 2024, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the sum of $500,000 from the General Revenue Fund to the Grant Accountability and Transparency Fund.

(tt) In addition to any other transfers that may be provided for by law, on July 1, 2024, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the sum of $25,000,000 from the Violent Crime Witness Protection Program Fund to the General Revenue Fund.

(Source: P.A. 102-16, eff. 6-17-21; 102-699, eff. 4-19-22; 102-700, Article 40, Section 40-5, eff. 4-19-22; 102-700, Article 80, Section 80-5, eff. 4-19-22; 102-1115, eff. 1-9-23; 103-8, eff. 6-7-23; 103-588, eff. 6-5-24; revised 7-24-24.)