Illinois Legislative News: May 24, 2024
Third Reading Consulting Group
As of Friday morning, House and Senate Democrat leadership and Gov. J.B. Pritzker reportedly reached a budget agreement. Even so, no FY 2025 budget amendments have been introduced yet. Gov. Pritzker’s proposed revenue adjustments, adding an estimated $1.098B in annual revenue, were the largest obstacle preventing an agreement from occurring earlier in the week. Many of those changes are expected to be included in the final budget, with some tweaks from Gov. Pritzker’s February budget proposal.
SB 251 is expected to be amended into the FY 2025 budget. The bill is on its third reading in the Senate. It will require at least two additional days after Friday to be passed out of both chambers: one day for the third reading in the Senate and the first reading in the House, a second day for the second reading in the House, and one final day for the third reading in the House.
SB 3410 is expected to become the FY 2025 budget implementation bill (BIMP). It already passed out of the Senate in April as a gambling disorders bill and has been read twice in the House. SB 3410 could pass the House on third reading and the Senate on concurrence all before the end of the night on Friday.
Important Upcoming Dates – Statewide
May 24 – Scheduled Adjournment Date
May 25-31 – Contingent Session Days for Budget
November 5 – 2024 General Election