2025 Budget Recommendation from the Chicago Office of Budget & Management

Illinois Legislative News

Includes:

  1. Budget Overview
  2. FY2025 Investments
  3. Revenue Discussion
  4. Pension Contribution & Debt Service Payments
  5. Road to Recovery Plan: ARPA Investments
  6. Questions

Click here for the full document

Special Reports

Illinois Primary Election Recap

Outside Money Flooded the Field, but Local Politics Still Carried the Day Illinois’ 2026 primary made two things clear at once. First, the state has become a major proving ground for national outside spending. Congressional and legislative races drew heavy involvement...

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2025 End of Session Report

Download PDF FY 2026 Budget  SB 2510 (Welch/Sims) creates the FY 2026 budget appropriation bill. The budget is based on estimated General Funds revenues of $55.298B and spending of $55.048B for an estimated surplus of $250M. See below for the topline figures in the...

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Illinois 104th House Committee Assignments

Adoption & Child Welfare Committee – Members ole Representative Party Chairperson : Suzanne M. Ness D Vice-Chairperson : Terra Costa Howard D Republican Spokesperson : Steven Reick R Member: Michael Crawford D Member: Jed Davis R Member: Lisa Davis D Member: Regan...

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Illinois 104th Senate Committee Assignments

Agriculture - Members Role Senator Party Chair : Doris Turner D Vice-Chair : Patrick J. Joyce D Member: Cristina Castro D Member: Paul Faraci D Member: Michael E. Hastings D Member: Linda Holmes D Member: David Koehler D Member: Meg Loughran Cappel D Minority...

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104th House GOP Leadership Team

Deputy Minority Leaders Rep. Norine Hammond (94 – Macomb) Rep. Ryan Spain (73 – Peoria) Assistant Minority Leaders Rep. CD Davidsmeyer (100 – Murrayville) Rep. John Cabello (90 – Machesney Park) Rep. Dan Ugaste (65 – Geneva) Rep. Patrick Windhorst (117 – Metropolis)...

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104th House Committee Chairs

For Immediate Release Jan. 13, 2025  Speaker Welch Announces Committee Chairs for New Session Bipartisan Slate Includes Republican Veteran to Lead VA Committee  SPRINGFIELD, Ill. – House Speaker Emanuel ‘Chris’ Welch announced a bipartisan slate of veteran policy...

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104th House Democrat Leadership Team

Interoffice Memorandum January 10, 2025 to: Members and Staff of the House Democratic Caucus from: Emanuel ‘Chris’ Welch, Speaker of the House re:     House Democratic Caucus Leadership – 104th General Assembly  As we prepare for the work of the 104th General...

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Previous Reports

Third Reading Report: April 20, 2026

Third Reading Deadline Update Friday, April 17, marked the third reading deadline for legislators in both the Illinois Senate and House of Representatives to pass bills out of their chamber of origination. While there may be some extensions, the third reading deadline is the date that bills must be passed out of their initial chamber in order to continue forward in the legislative process. As of Friday morning, the House passed a total of 143 bills, and the Senate passed 135 bills.  ...

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Third Reading Report: April 13, 2026

Data centers have become the backbone of the modern digital economy, powering growing demand for AI, cloud computing, e-commerce, and data storage. This rapid expansion has made the data center industry one of the fastest-growing sectors in the global economy, with Illinois positioned as a national leader alongside states such as Texas, Virginia, California, Wisconsin, and Indiana. While these facilities can bring transformative investment to surrounding communities, they also raise questions...

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Third Reading Report: March 30, 2026

Note: We will not publish a weekly report on April 6. The next weekly report will be published on April 13. Last week was a busy one at the State Capitol as the Illinois House of Representatives rushed to meet the March 27 deadline to pass House bills out of committee. The deadline is significant as it largely determines which bills will proceed further in the legislative process, although new language can be amended onto bills that have already advanced through the legislative process later...

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Third Reading Consulting Group | Illinois Lobbying & Government Affairs