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90_HB0826
105 ILCS 5/34-42 from Ch. 122, par. 34-42
Amends the School Code. Removes obsolete language from
provisions relating to the fiscal year of the Chicago Board
of Education.
LRB9003386THpk
LRB9003386THpk
1 AN ACT to amend the School Code by changing Section
2 34-42.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The School Code is amended by changing
6 Section 34-42 as follows:
7 (105 ILCS 5/34-42) (from Ch. 122, par. 34-42)
8 Sec. 34-42. Fiscal year. The period commencing January
9 1, 1974 and ending August 31, 1974 shall be a fiscal year.
10 Beginning September 1, 1974, each fiscal year of the board
11 through fiscal year 1996 shall commence on September 1 of
12 each year and end on August 31 of the following year. The
13 period commencing September 1, 1996 and ending June 30, 1997
14 shall be a fiscal year. Beginning July 1, 1997 and
15 thereafter, the fiscal year of the board shall commence on
16 July 1 of each year and end on June 30 of the following year.
17 (Source: P.A. 89-15, eff. 5-30-95.)