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SB4085 • 2026
$FY27 TREASURER
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
$FY27 TREASURER
Filed with Secretary by Sen. Elgie R. Sims, Jr.
First Reading
Referred to Assignments
$FY27 TREASURER
Illinois General Assembly - Full Text of SB4085 Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. 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Full Text of SB4085 Home Legislation Full Text SB4085 - 104th General Assembly Bill Status Full Text Votes Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 SB4085 Introduced 2/25/2026, by Sen. Elgie R. Sims, Jr. SYNOPSIS AS INTRODUCED: Appropriates specified amounts from various funds to the State Treasurer for specified purposes. Effective July 1, 2026. SDS104 00056 NBW 10056 b SB4085 SDS104 00056 NBW 10056 b 1 AN ACT concerning appropriations. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 ARTICLE 1 5 Section 5. The sum of $18,680,000, or so much of that sum 6 as may be necessary, is appropriated from the State 7 Treasurer's Administrative Fund to the Office of the State 8 Treasurer to meet its operational expenses for the fiscal year 9 ending June 30, 2027. 10 Section 10. The sum of $1,000,000, or so much of that sum 11 as may be necessary, is appropriated from the General Revenue 12 Fund to the State Treasurer for the purpose of making refunds 13 of accrued interest on protested tax cases. 14 Section 15. The sum of $28,050,000, or so much of that sum 15 as may be necessary, is appropriated from the State Pensions 16 Fund to the Office of the State Treasurer to meet its 17 operational expenses for the fiscal year ending June 30, 2027. 18 Section 20. The sum of $10,035,000, or so much of that sum 19 as may be necessary, is appropriated from the State 20 Treasurer's Bank Services Trust Fund to the State Treasurer SB4085 - 2 - SDS104 00056 NBW 10056 b 1 for the operational expenses authorized under the State 2 Treasurer's Bank Services Trust Fund Act. 3 Section 25. The following amounts, or so much of those 4 amounts as may be necessary, respectively, for the objects and 5 purposes named in this Section, are appropriated to the State 6 Treasurer for the payment of interest on and retirement of 7 State bonded indebtedness: 8 For payment of principal and interest on any and all bonds 9 issued pursuant to the Anti-Pollution Bond Act, the 10 Transportation Bond Act, the Capital Development Bond Act of 11 1972, the School Construction Bond Act, the Illinois Coal and 12 Energy Development Bond Act, and the General Obligation Bond 13 Act: 14 From the General Obligation Bond Retirement and Interest 15 Fund: 16 Principal ................................... $2,375,840,000 17 Interest .................................... $1,347,891,985 18 Total $3,723,731,985 19 Section 30. The sum of $1,000,000, or so much of that sum 20 as may be necessary, is appropriated from the General 21 Obligation Bond Rebate Fund to the State Treasurer for the 22 purpose of making arbitrage rebate payments to the United 23 States government. SB4085 - 3 - SDS104 00056 NBW 10056 b 1 Section 35. The sum of $1,000,000, or so much of that sum 2 as may be necessary, is appropriated from the Charitable Trust 3 Stabilization Fund to the State Treasurer for the State 4 Treasurer's operational costs to administer the Charitable 5 Trust Stabilization Fund and for grants to public and private 6 entities in the State for the purposes set out in the 7 Charitable Trust Stabilization Act. 8 Section 40. The sum of $500,000, or so much of that sum as 9 may be necessary, is appropriated from the State Treasurer's 10 Capital Fund for the construction, reconstruction, renovation, 11 repair, operation, and maintenance of the buildings, grounds, 12 and facilities of the State Treasurer. 13 Section 45. The sum of $2,500,000, or so much of that sum 14 as may be necessary, is appropriated from the Illinois Higher 15 Education Savings Program Fund to the Office of the State 16 Treasurer for the Illinois Higher Education Savings Program. 17 ARTICLE 999 18 Section 99. Effective date. This Act takes effect July 1, 19 2026. Footer Disclaimer This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. Contact ILGA Webmaster ILGA.gov uses cookies to ensure you get the best experience on our website. By continuing to browse ILGA.gov you consent to our use of cookies. Read About Cookies ILGA.GOV 2026 ILGA.gov | All Rights Reserved | ADA | Disclaimers | Learn This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. Contact ILGA Webmaster ILGA.gov uses cookies to ensure you get the best experience on our website. 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