Illinois HB3942 appropriates funds for the Department of Revenue's operational expenses for fiscal year 2025-2026.
Illinois HB3942 allocates funds from various state and federal sources to the Department of Revenue for operational expenses. The bill includes appropriations from the Motor Fuel Tax Fund, Personal Property Tax Replacement Fund, Underground Storage Tank Fund, and other funds. It also specifies allocations for tax receipt distributions, refunds, and operational expenses. The total appropriation amounts to $1,464,611,400, effective July 1, 2025.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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