Illinois General Assembly - Full Text of HB1352
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Full Text of HB1352  95th General Assembly

HB1352 95TH GENERAL ASSEMBLY


 


 
95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB1352

 

Introduced 2/20/2007, by Rep. Kenneth Dunkin

 

SYNOPSIS AS INTRODUCED:
 
20 ILCS 1605/27.5 new
30 ILCS 105/5.675 new
30 ILCS 105/6z-69 new

    Amends the Illinois Lottery Law and the State Finance Act. Allows the Governor to sell or otherwise dispose of the State Lottery upon such terms and conditions and for such consideration that the Governor deems to be in the best interests of the people of the State of Illinois. Provides that all net proceeds from the sale or other disposition of the State Lottery must be deposited into the Commitment to Education Fund, a special fund created in the State treasury. Subject to appropriation, provides that all money in the Commitment to Education Fund must be used by the State Board of Education to supplement funding, by grant, loan, appropriation, or otherwise, as directed in the appropriation, for any one or more of the following purposes: (1) General State Aid or Supplemental General State Aid; (2) mandated categorical grants; (3) early childhood programs; (4) school construction; (5) initiatives intended to provide for better quality teachers; (6) initiatives intended to provide for better quality instructional materials; or (7) initiatives intended to increase the amount of time per day students spend learning, whether in the classroom or in alternative settings. Effective immediately.


LRB095 07665 NHT 27817 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB1352 LRB095 07665 NHT 27817 b

1     AN ACT concerning education.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Lottery Law is amended by adding
5 Section 27.5 as follows:
 
6     (20 ILCS 1605/27.5 new)
7     Sec. 27.5. Sale of Lottery. The Governor may sell or
8 otherwise dispose of the State Lottery upon such terms and
9 conditions and for such consideration that the Governor deems
10 to be in the best interests of the people of the State of
11 Illinois. All net proceeds from the sale or other disposition
12 of the State Lottery must be deposited into the Commitment to
13 Education Fund.
 
14     Section 10. The State Finance Act is amended by adding
15 Sections 5.675 and 6z-69 as follows:
 
16     (30 ILCS 105/5.675 new)
17     Sec. 5.675. The Commitment to Education Fund.
 
18     (30 ILCS 105/6z-69 new)
19     Sec. 6z-69. The Commitment to Education Fund. The
20 Commitment to Education Fund is created as a special fund in

 

 

HB1352 - 2 - LRB095 07665 NHT 27817 b

1 the State treasury. Subject to appropriation, all money in the
2 Commitment to Education Fund must be used by the State Board of
3 Education to supplement funding, by grant, loan,
4 appropriation, or otherwise, as directed in the appropriation,
5 for any one or more of the following purposes:
6         (1) General State Aid or Supplemental General State
7     Aid.
8         (2) Mandated categorical grants.
9         (3) Early childhood programs.
10         (4) School construction.
11         (5) Initiatives intended to provide for better quality
12     teachers.
13         (6) Initiatives intended to provide for better quality
14     instructional materials.
15         (7) Initiatives intended to increase the amount of time
16     per day students spend learning, whether in the classroom
17     or in alternative settings.
18     Any interest earned on money in the Commitment to Education
19 Fund must be deposited into the Commitment to Education Fund.
 
20     Section 99. Effective date. This Act takes effect upon
21 becoming law.