$FY27 TREASURER

SB 4085 is a funding bill that allocates specific sums from various state funds to the Illinois State Treasurer for fiscal year 2027 (ending June 30, 2027). It appropriates $18.68 million for the Treasurer’s operational costs, $1 million for tax refund interest, $28.05 million for pension fund operations, and $3.72 billion for bond payments covering projects like transportation, schools, and pollution control. The bill also funds specific programs, including $2.5 million for the Illinois Higher Education Savings Program and $1 million for arbitrage rebate payments. It takes effect July 1, 2026, and solely directs existing budget allocations without creating new policies.