HB3290 99TH GENERAL ASSEMBLY

LRB099 08033 NHT 28177 b

99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB3290

Introduced , by Rep. Peter Breen

SYNOPSIS AS INTRODUCED:

110 ILCS 805/3-65 new

Amends the Public Community College Act. Provides that no State moneys from any State funds, proceeds of property tax levies, or student tuition funds may be used to pay for a severance agreement entered into by a board with an employee of the community college district. A board that pays a severance amount to a district employee greater than the sum of one year's salary and benefits for that employee is prohibited from increasing the district's property tax levy, tuition, or fees for a number of years as calculated as follows: the result, rounded up to the next whole number, of the total severance amount paid to the employee divided by the sum of one year's salary and benefits for that employee. Effective immediately.

FISCAL NOTE ACT MAY APPLY

HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning education.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Public Community College Act is amended by adding Section 3-65 as follows:

(110 ILCS 805/3-65 new)

Sec. 3-65. Severance agreement limitations. No State moneys from any State funds, proceeds of property tax levies, or student tuition funds may be used to pay for a severance agreement entered into by a board with an employee of the community college district. A board that pays a severance amount to a district employee greater than the sum of one year's salary and benefits for that employee is prohibited from increasing the district's property tax levy, tuition, or fees for a number of years as calculated as follows: the result, rounded up to the next whole number, of the total severance amount paid to the employee divided by the sum of one year's salary and benefits for that employee.

Section 99. Effective date. This Act takes effect upon becoming law.