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Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority and the Illinois Law Enforcement Training and Standards Board may jointly administer a squad car revolving loan program. Creates the Squad Car Revolving Loan Fund. Provides that loans under the program shall be paid out of the Squad Car Revolving Loan Fund. Amends the State Finance Act to make conforming changes.
Introduced
Jan 28, 2025
Last Action
Mar 9, 2026
Session
IL 104th
Sponsors
1 primary · 3 co
Added Co-Sponsor Rep. Rick Ryan
To Tax Policy: Income Tax Subcommittee
Assigned to Revenue & Finance Committee
Added Co-Sponsor Rep. Curtis J. Tarver, II
Added Chief Co-Sponsor Rep. Patrick Sheehan
Chief Co-Sponsor Changed to Rep. Patrick Sheehan
Rule 19(a) / Re-referred to Rules Committee
To Tax Policy: Income Tax Subcommittee
Assigned to Revenue & Finance Committee
Referred to Rules Committee
First Reading
Filed with the Clerk by Rep. Dave Vella
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Added Co-Sponsor Rep. Rick Ryan