FY25 HOUSE REVENUE ESTIMATE

This bill establishes the Illinois House of Representatives' official estimate of available general funds for the 2025 state fiscal year. It lists specific projected revenue amounts from sources such as personal and corporate income taxes, sales taxes, and various fees, totaling approximately $52 million when including federal sources. By submitting these figures, the bill fulfills a constitutional requirement that state spending cannot exceed the amount the General Assembly estimates will be collected. The document serves as a procedural step to set the financial baseline for the upcoming budget cycle.