Budget & Taxes

Appropriates $2 from the General Revenue Fund to the Eastern Illinois Economic Development Authority for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

Appropriates $2 from the General Revenue Fund to the Department of Human Services for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

Appropriates $2 from the General Revenue Fund to the Illinois Council on Developmental Disabilities for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

Appropriates $2 from the General Revenue Fund to the Department of Early Childhood for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

Appropriates $2 from the General Revenue Fund to the Environmental Protection Trust Fund Commission for its FY26 ordinary and contingent expenses. Effective July 1, 2025.

Amends the State Treasurer Act. Provides that, subject to appropriation, the State Treasurer may make a matching contribution of $50 to an ABLE account opened on or after January 1, 2026 for a beneficiary who is a resident of Illinois. Provides that the matching contribution shall be limited to one contribution per beneficiary and shall not be treated differently from any other contributions to the account. Provides that if there are insufficient funds available, the State Treasurer may reduce the matching contribution amount or forgo contributions. Provides that the Illinois ABLE Matching Contribution Fund shall be the official repository of all contributions, appropriated funds, interest, and dividend payments, gifts, or other financial assets received by the State Treasurer in connection with matching contributions to ABLE accounts. Amends the State Finance Act. Creates the Illinois ABLE Matching Contribution Fund.

Amends the Department of Human Services Act. Provides that unless otherwise required by State law or federal requirements, a service provider shall not be subject to a matching funds requirement in order to be eligible to receive funds from the Department for the Emergency and Transitional Housing Program or the Supportive Housing Program. Provides that, when making funding determinations, the Department of Human services retains discretion to take into consideration the ability of a service provider to leverage other funding sources, as well as other factors that may demonstrate fiscal solvency of the service provider and that the service provider is not solely reliant on State funds for the provision of services. Effective immediately.