SB 4082 is an appropriations bill allocating $100.7 million from the General Revenue Fund to cover the Illinois Attorney General's operational expenses for fiscal year 2027. It also directs specific funding from other sources - like $11 million for crime victim assistance, $5 million for equal justice programs, $2.5 million for Medicaid fraud enforcement, and $7 million for child support enforcement - to support targeted AG office functions. The bill does not create new policies but provides dedicated funding streams for existing programs under the Attorney General’s jurisdiction. It takes effect July 1, 2026, and affects all state-level law enforcement and victim services administered by the Attorney General’s office.
Amends the Higher Education Student Assistance Act. Provides that the Illinois Student Assistance Commission shall establish a Manufacturing Promise Scholarship Program to award scholarships to State residents who are enrolled in a public community college or other program with a major in manufacturing or a skilled trade. Provides that, subject to a separate appropriation for such purposes, the Commission shall, each year, receive and consider applications for a scholarship. Provides that an applicant is eligible for a scholarship if the Commission finds that the applicant meets specified criteria. Provides that the Commission shall reserve 20% of the amount appropriated in a given fiscal year for students who are from underrepresented areas. Provides that the Commission shall make scholarships available to traditional college-aged students, adults, and non-traditional students. Provides that an applicant who receives a scholarship may not be required to return scholarship funds. Provides for rulemaking.
Amends the Property Tax Extension Limitation Law in the Property Tax Code. Provides that a taxing district shall reduce its aggregate extension base for the purpose of lowering its limiting rate for future years upon referendum approval initiated by the submission of a petition by the voters of the district. Provides that the extension limitation shall be: (a) the lesser of 5% or the average percentage increase in the Consumer Price Index for the 10 years immediately preceding the levy year for which the extension limitation is being calculated; or (b) the rate of increase approved by the voters. Effective immediately.
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that an exemption for farm machinery and equipment applies if the equipment is used for certain purposes (currently, primarily used for those purposes).
Makes appropriations for the ordinary and contingent expenses of the Illinois Student Assistance Commission for the fiscal year beginning July 1, 2026, as follows: General Funds $832,071,600; Other State Funds $28,530,000; Federal Funds $65,641,100; Total $926,242,700.
Makes appropriations for the ordinary and contingent expenses of the Office of Executive Inspector General for the fiscal year beginning July 1, 2026, as follows: General Funds $10,980,500; Other State Funds $2,089,600; Total $13,070,100.
Appropriates $4,500,000, or so much thereof as may be necessary, from the Supreme Court Historic Preservation Fund to the Supreme Court Historic Preservation Commission for historic preservation purposes. Effective July 1, 2026.
Creates the Preserving Illinois Neighborhoods Act. Provides that, for taxable years that begin on or after January 1, 2027 and end on or before December 31, 2032, qualified taxpayers who incur qualified new construction expenditures or qualified rehabilitation expenditures during the taxable year are entitled to a credit. Effective immediately.
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reinstates the exemption for the use or sale of tangible personal property purchased from an Illinois retailer by a taxpayer engaged in centralized purchasing activities in Illinois. Provides that the exemption is repealed on June 30, 2031 (currently, June 30, 2016). Effective immediately.
Makes appropriations for the ordinary and contingent expenses of the Executive Ethics Commission for the fiscal year beginning July 1, 2026, as follows: General Funds $12,234,200; Other State Funds $3,293,400; Total $15,527,600.