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SB 3661

EMERGENCY MANAGEMENT-FUND

104th Regular Session Introduced by Christopher Belt and 3 co-sponsors

SB3661 directs interest earned on funds for IEMA administration and operations to stay in those dedicated funds, boosting their financial stability.

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Bill Summary · SB 3661

Summary of SB3661 (104th General Assembly, Illinois)

Title

EMERGENCY MANAGEMENT-FUND

Purpose and intent

SB3661 adds a new provision to the Illinois Emergency Management Agency Act to ensure that interest earned from investments or deposits of moneys accumulated in funds established to support the Illinois Emergency Management Agency’s administration and operations is deposited back into the respective fund. In effect, interest earned on fund balances dedicated to the Agency’s administration would remain within those funds rather than accruing to a general fund or other account.

Key provisions

  • New statutory provision: Adds 20 ILCS 3305/17.3 (Fund interest).
  • Interest treatment: For all funds in the State treasury established to provide funding for the administration and operation of the Illinois Emergency Management Agency’s responsibilities under the Act, the interest earned by the investment or deposit of moneys accumulated in those funds shall be deposited into the respective fund.
  • Effective date: The act takes effect immediately upon becoming law.

Who/what is affected

  • Illinois Emergency Management Agency (IEMA): The agency’s administration and operating funds will have the interest earned on their fund balances redirected to remain within those funds.
  • State treasury/funding streams: Funds established to support IEMA’s administration and operations will benefit from interest earnings staying in the same fund.

Procedural and timeline aspects

  • Legislative progress:
    • Introduced February 5, 2026.
    • Referred to Assignments, then State Government Committee, with amendments and passage in committee.
    • Passed the Senate (3rd Reading) on or around April 14–16, 2026.
    • Transmitted to the House; assigned to Revenue & Finance Committee on April 27, 2026.
  • Sponsors:
    • Primary sponsor: Sen. Christopher Belt
    • Co-sponsors: Sen. Rita Mayfield, Sen. Mike Hastings
    • Chief House sponsor: Rep. Rita Mayfield
  • Effective date: Immediate upon becoming law.

Potential impact and implications

  • Financial continuity for IEMA: By keeping interest earnings within the dedicated administrative/operating funds, the bill could slightly increase the effective funding available for agency operations over time, rather than losing interest to a broader fund.
  • Budget design and transparency: The change makes interest earnings more traceable to specific IEMA funding streams, potentially aiding accountability and budget planning for contingency planning, emergency management operations, and related administrative activities.
  • Operational emphasis: The provision reinforces the financial stability of IEMA’s administrative functions, which may impact planning for emergency preparedness programs, staffing, training, and rapid response capabilities funded through these dedicated accounts.

Note

This summary focuses on the substantive change introduced by SB3661: directing interest earned on funds dedicated to IEMA’s administration and operation back into those funds. No other structural changes to IEMA’s authorities or programs are indicated in the introduced text.

Compiled from official sources — confirm details with the bill’s official record.

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