92nd General Assembly
Status of SB0487
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WALSH,L.

(MCGUIRE-SAVIANO-BOLAND-O'BRIEN)

   105 ILCS 5/5-22           from Ch. 122, par. 5-22                           
   105 ILCS 5/32-4           from Ch. 122, par. 32-4                           

        Amends the School Code.  Allows school property that  has  become      
   unnecessary,  unsuitable,  or inconvenient to be sold to a tenant that      
   has leased the property for 10 or  more  years  and  is  a  non-profit      
   agency  (instead  of  requiring  the  property  to be sold at a public      
   sale).  Effective immediately.                                              
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that in the case of a sale of property to a tenant  that      
   has  leased the property for 10 or more years and that is a non-profit      
   agency, an appraisal is required prior to the sale.  Provides that  if      
   the  non-profit  agency  purchases  the  property  for  less  than the      
   appraised value and subsequently sells the property,  the  agency  may      
   only  retain  a  percentage of the profits that is proportional to the      
   percentage that  the  agency  paid  in  the  initial  sale,  plus  any      
   improvements  made  by the agency while the agency was the owner (with      
   the remainder reverting to the school district).                            
   FEB-20-2001  S  FIRST READING                                                  
   FEB-20-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               EDUCATION             
   MAR-07-2001  S       DO PASS                             008-000-000   SESE    
   MAR-07-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-03-08              
   MAR-08-2001  S  SECOND READING                                                 
   MAR-08-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-03-20              
   MAR-20-2001  S  THIRD READING - PASSED                   057-000-000           
   MAR-20-2001  H  ARRIVE IN HOUSE                                                
   MAR-20-2001  H  PLACED CALENDAR ORDER OF FIRST READING                         
   MAR-21-2001  H  HOUSE SPONSOR                            MCGUIRE               
   MAR-21-2001  H  ADDED AS A JOINT SPONSOR                 SAVIANO               
   MAR-21-2001  H  FIRST READING                                                  
   MAR-21-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   APR-03-2001  H       ASSIGNED TO COMMITTEE               ELEM SCND ED          
   APR-19-2001  H  MOTION DO PASS-LOST                      008-006-003   HELM    
   APR-19-2001  H       REMAINS IN COMMITTEE                ELEM SCND ED          
   MAY-02-2001  H                             AMENDMENT NO. 01-ELEM SCND ED  H    
   MAY-02-2001  H                                   ADOPTED                       
   MAY-02-2001  H  DO PASS AMENDED/SHORT DEBATE             018-001-000   HELM    
   MAY-02-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAY-03-2001  H  SECOND READING-SHORT DEBATE                                    
   MAY-03-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAY-08-2001  H  THIRD READING/SHORT DEBATE/PASSED        086-025-000           
   MAY-08-2001  H  ADDED AS A JOINT SPONSOR                 BOLAND                
   MAY-08-2001  H  ADDED AS A JOINT SPONSOR                 O'BRIEN               
   MAY-09-2001  S  SECRETARYS DESK - CONCURRENCE            01                    
   MAY-10-2001  S  FILED WITH SECRETARY                                           
   MAY-10-2001  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WALSH,L            
   MAY-10-2001  S                        MOTION REFERRED TO SRUL                  
   MAY-18-2001  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WALSH,L            
   MAY-18-2001  S                           RULES REFERS TO SESE                  
   MAY-22-2001  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WALSH,L            
   MAY-22-2001  S             BE APPROVED FOR CONSIDERATION SESE/009-000-000      
   MAY-22-2001  S     MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WALSH,L            
   MAY-22-2001  S  SEN CONCURS IN HSE AMENDMENTS (NO.)      01/057-000-000        
   MAY-22-2001  S  PASSED BOTH HOUSES                                             
   JUN-20-2001  S  SENT TO THE GOVERNOR                                           
   AUG-15-2001  S  GOVERNOR APPROVED                                              
   AUG-15-2001  S                            EFFECTIVE DATE 01-08-15              
   AUG-15-2001  S  PUBLIC ACT.............................. 92-0365               

   END OF INQUIRY 



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