SPRINGFIELD – Emergency funds are on their way to state colleges and universities after Governor Rauner signed SB 2059 into law Monday.
“This legislation doesn't solve our budget crisis or help our economy grow, but it does represent a first step toward compromise between Democrats and Republicans," the governor's office said in a statement. "Now is the time to build on this bipartisan momentum and focus on enacting a truly balanced budget for Fiscal Years 2016-2017 alongside meaningful reforms that create jobs and free up resources for education, social services and infrastructure.”
Although Illinois is nearly eleven months without a state budget and those expenditures being met are because of court mandates, the Illinois legislature agreed last week that they needed to allocate state college and universities' immediate needs.
More at Illinois Review's "Illinois legislature agrees on higher education funding bill"
