Bill Text: IL SB3653 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Amends the School Code. Extends the time period during which a school district other than the Chicago school district may transfer moneys from specified funds for any purpose from June 30, 2010 to June 30, 2013. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-03-08 - Rule 3-9(a) / Re-referred to Assignments [SB3653 Detail]
Download: Illinois-2009-SB3653-Introduced.html
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| 1 | AN ACT concerning education.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The School Code is amended by changing Section | |||||||||||||||||||
| 5 | 17-2A as follows:
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| 6 | (105 ILCS 5/17-2A) (from Ch. 122, par. 17-2A)
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| 7 | Sec. 17-2A. Interfund Transfers. The school board of any | |||||||||||||||||||
| 8 | district having a population of less than
500,000 inhabitants | |||||||||||||||||||
| 9 | may, by proper resolution following a public hearing
set by the | |||||||||||||||||||
| 10 | school board or the president of the school board
(that is | |||||||||||||||||||
| 11 | preceded (i) by at least one published notice over the name of
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| 12 | the clerk
or secretary of the board, occurring at least 7 days | |||||||||||||||||||
| 13 | and not more than 30
days
prior to the hearing, in a newspaper | |||||||||||||||||||
| 14 | of general circulation within the
school
district and (ii) by | |||||||||||||||||||
| 15 | posted notice over the name of the clerk or secretary of
the | |||||||||||||||||||
| 16 | board, at least 48 hours before the hearing, at the principal | |||||||||||||||||||
| 17 | office of the
school board or at the building where the hearing | |||||||||||||||||||
| 18 | is to be held if a principal
office does not exist, with both | |||||||||||||||||||
| 19 | notices setting forth the time, date, place,
and subject matter | |||||||||||||||||||
| 20 | of the
hearing), transfer money from (1) the Educational Fund | |||||||||||||||||||
| 21 | to the Operations
and
Maintenance Fund or the Transportation | |||||||||||||||||||
| 22 | Fund, (2) the Operations and
Maintenance Fund to the | |||||||||||||||||||
| 23 | Educational Fund or the Transportation Fund, or (3) the
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| 1 | Transportation Fund to the Educational Fund or the Operations | ||||||
| 2 | and Maintenance
Fund of said
district,
provided that, except | ||||||
| 3 | during the period from July 1, 2003 through June 30,
2013 2010, | ||||||
| 4 | such transfer is made solely for the purpose of meeting | ||||||
| 5 | one-time,
non-recurring expenses. Except during the period | ||||||
| 6 | from July 1, 2003 through
June 30, 2013 2010, any other | ||||||
| 7 | permanent interfund transfers authorized
by any provision or | ||||||
| 8 | judicial interpretation of this Code for which the
transferee | ||||||
| 9 | fund is not precisely and specifically set forth in the | ||||||
| 10 | provision of
this Code authorizing such transfer shall be made | ||||||
| 11 | to the fund of the school
district most in need of the funds | ||||||
| 12 | being transferred, as determined by
resolution of the school | ||||||
| 13 | board.
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| 14 | (Source: P.A. 94-176, eff. 7-12-05; 95-53, eff. 8-10-07.)
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| 15 | Section 99. Effective date. This Act takes effect upon | ||||||
| 16 | becoming law.
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