Coronavirus State Fiscal Recovery Funds; amend provisions related to.
Creates dedicated ARPA Coronavirus State and Local Fiscal Recovery Fund structures to manage and distribute federal recovery funds and associated programs.
Creates dedicated ARPA Coronavirus State and Local Fiscal Recovery Fund structures to manage and distribute federal recovery funds and associated programs.
Title: Coronavirus State Fiscal Recovery Funds; amend provisions related to
Bill No.: SB 2543
Introduced: March 13, 2025
Primary sponsor: Sen. Elgie R. Sims, Jr.
Classification: Appropriations (Appropriations A)
Status: Died in Conference (3/31/2025) — see “Procedural notes” below
Note on source material
The provided bill text appears to combine material from more than one jurisdiction and multiple draft versions. The packet includes: (A) an Illinois fiscal-year appropriation for the Department of Military Affairs with dollar amounts and line-item purposes; and (B) substituted language (House/committee amendments) that mirror Mississippi statutory amendments creating and governing Coronavirus State and Local Fiscal Recovery Funds and related programs (and a nursing retention loan repayment program). Some legislative-action entries appear to come from other states or different bills (dates showing passage and gubernatorial signature). The summary below separates and summarizes the primary substantive elements found in the document and flags the procedural inconsistencies.
Purpose and intent
- Establish or amend state statutory treatment of federal American Rescue Plan Act (ARPA) Coronavirus State and Local Fiscal Recovery Funds (Section 9901 of PL 117‑2), clarifying fund creation, permissible uses, interest treatment, and administration.
- Provide appropriations for the Department of Military Affairs (Illinois section of the draft) for FY beginning July 1, 2025.
- Create or authorize related programs (e.g., Lost Revenue Fund; Skilled Nursing Home and Hospital Nurses Retention Loan Repayment Program in Mississippi draft text).
Key provisions (as found in the text)
1. Coronavirus State Fiscal Recovery Fund (state-level)
- Creates a special Treasury fund to receive all State Fiscal Recovery Fund monies under ARPA.
- Funds may only be used consistent with ARPA Section 9901 or federal guidance/regulation.
- Unexpended balances do not lapse to the General Fund; investment earnings remain credited to the fund.
Coronavirus Local Fiscal Recovery Fund (local distribution)
Coronavirus State Fiscal Recovery Lost Revenue Fund
Supporting program (nursing retention)
Illinois Department of Military Affairs appropriations (from initial draft)
Who is affected
- State treasuries and finance/administration agencies (fund administration, distribution rules).
- Non‑entitlement local governments (recipients of local recovery allocations).
- Departments receiving appropriations (e.g., Department of Military Affairs).
- Members/families of the National Guard and armed forces (through relief grants).
- Recent nursing graduates employed in eligible facilities (loan repayment program).
Procedural timeline & status
- Introduced March 13, 2025. Conference occurred; conferees named. The document shows “Died In Conference” (3/31/2025).
- The packet also contains inconsistent action entries (passage, enrollment, and a Governor’s signature in May–June 2025 with an effective date of 9/1/2025) that appear to belong to a different version or jurisdiction. Users should verify the authoritative legislative record in the relevant state (Illinois vs. Mississippi vs. other) to determine final disposition.
Related bill: HB 4053 (companion)
Recommendation
Because the document mixes multiple jurisdictions and versions, confirm which state’s SB 2543 you wish to track (Illinois, Mississippi, or another). For legal or fiscal analysis, consult the official legislative site of the relevant state for the final enrolled text and status.
Compiled from official sources — confirm details with the bill’s official record.
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