|
Public Act 100-0179
|
| HB3437 Enrolled | LRB100 10624 MLM 20846 b |
|
|
AN ACT concerning education.
|
Be it enacted by the People of the State of Illinois,
|
represented in the General Assembly:
|
Section 5. The School Code is amended by changing Section |
27A-10.10 as follows:
|
(105 ILCS 5/27A-10.10) |
Sec. 27A-10.10. Closure of charter school; unspent public |
funds; procedures for the disposition of property and assets. |
(a) Upon the closing of a charter school authorized by one |
or more local school boards, the governing body of the charter |
school or its designee shall refund to the chartering entity or |
entities all unspent public funds. The charter school's other |
property and assets shall be disposed of under the provisions |
of the charter application and contract. If the application and |
contract are silent or ambiguous as to the disposition of any |
of the school's property or assets, any property or assets of |
the charter school purchased with public funds shall be |
returned to the school district or districts from which the |
charter school draws enrollment, at no cost to the receiving |
district or districts, subject to each district's acceptance of |
the property or asset. Any unspent public funds or other |
property or assets received by the charter school directly from |
any State or federal agency shall be refunded to or revert back |
|
to that State or federal agency, respectively. |
(b) Upon the closing of a charter school authorized by the |
Commission, the governing body of the charter school or its |
designee shall refund all unspent public funds to the State |
Board of Education. The charter school's other property and |
assets shall be disposed of under the provisions of the charter |
application and contract. If the application and contract are |
silent or ambiguous as to the disposition of any of the |
school's property or assets, any property or assets of the |
charter school purchased with public funds shall be returned to |
the school district or districts from which the charter school |
draws its enrollment, at no cost to the receiving district or |
districts, subject to each district's acceptance of the |
property or asset. Any unspent public funds or other property |
or assets provided by a State agency other than the State Board |
of Education or by a federal agency shall be refunded to or |
revert back to that State or federal agency, respectively.
|
(c) If a determination is made to close a charter school |
located within the boundaries of a school district organized |
under Article 34 of this Code for at least one school year, the |
charter school shall give at least 60 days' notice of the |
closure to all affected students and parents or legal |
guardians. |
(Source: P.A. 98-783, eff. 1-1-15.)
|
Section 99. Effective date. This Act takes effect upon |
becoming law.
|