103RD GENERAL ASSEMBLY

 

State of Illinois

 

2023 and 2024   

SB3856

 

Introduced 2/28/2024,  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, 2024, as follows:

 

General Funds                    $  4,700,000

Other State Funds                $616,063,400

Total                            $620,763,400

 

 

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    AN ACT concerning appropriations.

 

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

 

ARTICLE 1

 

  Section 5.  The amount of $3,150,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Governor’s Office of Management and Budget to meet its operational expenses for the fiscal year ending June 30, 2025.

 

    Section 10. The amount of $100,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Governor’s Office of Management and Budget to meet its operational expenses for Youth Budget Commission.

 

    Section 15. The amount of $400,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Governor’s Office of Management and Budget to meet its operational expenses for the Budgeting for Results Initiative.

 

    Section 20.  The sum of $500,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Governor’s Office of Management and Budget for all costs and administrative expenses associated with financial audits, internal controls, and reporting of the State’s financial statements.

 

    Section 25.  The amount of $1,400,000, or so much thereof as may be necessary, is appropriated from the Capital Development Fund to the Governor’s Office of Management and Budget for ordinary and contingent expenses associated with the sale and administration of General Obligation bonds.

 

    Section 30.  The amount of $650,000, or so much thereof as may be necessary, is appropriated from the Build Illinois Bond Fund to the Governor’s Office of Management and Budget for ordinary and contingent expenses associated with the sale and administration of Build Illinois bonds.

 

    Section 35.  The amount of $609,900,000, or so much thereof as may be necessary, is appropriated from the Build Illinois Bond Retirement and Interest Fund to the Governor’s Office of Management and Budget for the purpose of making payments to the Trustee under the Master Indenture as defined by and pursuant to the Build Illinois Bond Act.

 

    Section 40.  The amount of $113,400, or so much thereof as may be necessary, is appropriated from the School Infrastructure Fund to the Governor’s Office of Management and Budget for operational expenses related to the School Infrastructure Program.

 

    Section 45.  The sum of $4,000,000, or so much thereof as may be necessary, is appropriated from the Grant Accountability and Transparency Fund to the Governor’s Office of Management and Budget for costs in support of the implementation and administration of the Grant Accountability and Transparency Act and the Budgeting for Results initiative.

 

    Section 50.  The sum of $550,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Governor’s Office of Management and Budget for all costs and administrative expenses associated with implementing, monitoring and reporting State agency expenditures of funds received from the federal government, including funds made available under the American Rescue Plan Act or any other federal acts.

 

    Section 55.  No contract shall be entered into or obligation incurred for any expenditures from the appropriations made in Sections 25, 30 and 35 until after the purposes and amounts have been approved in writing by the Governor.

 

Section 99. Effective date. This Act takes effect July 1, 2024.