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SB 4089

$FY27 LT GOV OCE

104th Regular Session Introduced by Elgie Sims

Authorizes and allocates fiscal year 2027 funding for the Lieutenant Governor’s Office and its programs, establishing appropriations, controls, and reporting requirements.

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Bill Summary · SB 4089

Bill Overview

  • Bill: SB 4089
  • Session/Jurisdiction: Illinois, 104th General Assembly
  • Title: $FY27 LT GOV OCE
  • Sponsors: Primary sponsor not specified here; Co-sponsor: Elgie Sims

Purpose and Intent

SB 4089 appears to address budgetary or financial operations related to the lieutenant governor’s office for Fiscal Year 2027 (FY27), as suggested by the title notation “$FY27 LT GOV OCE.” The exact policy goal is not stated in the provided information, but the bill’s naming convention implies it concerns appropriations, expenditures, or strategic financial governance of the Lieutenant Governor’s Office of Economic Development or related office (OCE often denotes an executive/office of certain state agencies). The bill is likely designed to authorize expenditures, allocate funds, or set financial parameters for FY27 for the lieutenant governor’s office or its programs.

Key Provisions (Indicative)

Because the specific text of SB 4089 is not provided, the following provisions are typical for a bill with a FY27 appropriation/operational focus and should be verified in the bill’s actual language:

  • Appropriations and Expenditures: Authorizes funding for the Lieutenant Governor’s Office for FY2027, including programmatic grants, operating expenses, salary lines, and capital or operational needs.
  • Allocations and Transfers: Establishes how funds are allocated across programs or divisions within the LT GOV OCE, including potential transfers between accounts or rebudgeting authority.
  • Budgetary Controls: Sets fiscal controls, reporting requirements, and compliance measures to ensure funds are used for authorized purposes.
  • Reporting and Accountability: Requires periodic financial reporting, performance metrics, and sunset or review provisions for funded programs.
  • Policy Alignments: May link funding to specific initiatives or outcomes (e.g., economic development, state branding, interagency collaborations), though this would depend on the agency’s scope.

Who/What is Affected

  • Primary Affected Entity: Lieutenant Governor’s Office (LT GOV OCE) and its programs for FY27.
  • Potential Beneficiaries: State agencies, economic development initiatives, regional offices, and other entities receiving grants or program support through the LT GOV OCE.
  • State Fiscal Structure: State treasury, budget offices, and committees responsible for approving and overseeing state appropriations.

Procedural and Timeline Considerations

  • Effective Date: Fiscal year alignment (likely July 1, 2026, to June 30, 2027, for FY27 in Illinois state fiscal terms), but the exact dates should be confirmed in the bill text.
  • Approval Process: Requires passage by both chambers of the Illinois General Assembly and the governor’s signature to become law.
  • Reporting Requirements: May specify annual or quarterly fiscal reports and performance audits tied to FY27 expenditures.

Notes and Next Steps

  • The summary above is based on typical content associated with an earmarked appropriation for the Lieutenant Governor’s Office for FY27 and the bill title. For a precise and authoritative understanding, please consult the full text of SB 4089, including:
    • Specific dollar amounts and line-item details
    • Authorized programs, institutions, and accounts
    • Any contingent or conditional provisions (e.g., funding tied to performance)
    • Sunset or renewal provisions and any amendments to existing statutes

If you provide the bill’s text or pinpoint sections, I can produce a more exact, section-by-section summary.

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

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