Illinois General Assembly - Bill Status for SB1746

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Bill Status of SB1746 101st General Assembly

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Short Description: SCH CD-WORKING CASH FUND

Senate Sponsors
Sen. Christopher Belt - Iris Y. Martinez - Kimberly A. Lightford and Ram Villivalam

House Sponsors
(Rep. LaToya Greenwood)

Last Action

Date	Chamber	Action
8/16/2019	Senate	Public Act . . . . . . . . . 101-0416

Statutes Amended In Order of Appearance

105 ILCS 5/20-2

from Ch. 122, par. 20-2

105 ILCS 5/20-4

from Ch. 122, par. 20-4

105 ILCS 5/20-5

from Ch. 122, par. 20-5

Synopsis As Introduced
Amends the School Code. With regard to issuing bonds not to exceed a certain amount for the purpose of creating, recreating, or increasing a working cash fund, adds to that amount 85% of the most recent amount of all State funding received by the school district. Provides that moneys in the working cash fund may be used by a school board for any and all school purposes and may be transferred in whole or in part to the general funds or both of the school district and disbursed in anticipation of State funding received by the school district; makes related changes. Effective immediately.

Senate Floor Amendment No. 1
Replaces everything after the enacting clause. Amends the School Code. With regard to issuing bonds not to exceed a certain amount for the purpose of creating, recreating, or increasing a working cash fund, adds to that amount 85% of the most recent amount of funding received by the school district under the evidence-based funding formula. Provides that moneys in the working cash fund may be used by a school board for any and all school purposes and may be transferred in whole or in part to the general funds or both of the school district and disbursed in anticipation of funding received by the school district under the evidence-based funding formula. Makes related changes. Effective immediately.

Actions

Date	Chamber	Action
2/15/2019	Senate	Filed with Secretary by Sen. Christopher Belt
2/15/2019	Senate	First Reading
2/15/2019	Senate	Referred to Assignments
2/27/2019	Senate	Assigned to Education
3/11/2019	Senate	Added as Chief Co-Sponsor Sen. Iris Y. Martinez
3/12/2019	Senate	Do Pass Education; 012-000-000
3/12/2019	Senate	Placed on Calendar Order of 2nd Reading March 13, 2019
3/13/2019	Senate	Second Reading
3/13/2019	Senate	Placed on Calendar Order of 3rd Reading March 14, 2019
3/14/2019	Senate	Added as Co-Sponsor Sen. Kimberly A. Lightford
3/14/2019	Senate	Added as Chief Co-Sponsor Sen. Kimberly A. Lightford
3/14/2019	Senate	Added as Co-Sponsor Sen. Ram Villivalam
3/21/2019	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Christopher Belt
3/21/2019	Senate	Senate Floor Amendment No. 1 Referred to Assignments
3/26/2019	Senate	Senate Floor Amendment No. 1 Assignments Refers to Education
3/27/2019	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Education; 014-000-000
3/28/2019	Senate	Recalled to Second Reading
3/28/2019	Senate	Senate Floor Amendment No. 1 Adopted; Belt
3/28/2019	Senate	Placed on Calendar Order of 3rd Reading
4/10/2019	Senate	Third Reading - Passed; 054-000-000
4/11/2019	House	Arrived in House
4/11/2019	House	Chief House Sponsor Rep. LaToya Greenwood
4/11/2019	House	First Reading
4/11/2019	House	Referred to Rules Committee
4/30/2019	House	Assigned to Elementary & Secondary Education: Administration, Licensing & Charter School
5/8/2019	House	Do Pass / Short Debate Elementary & Secondary Education: Administration, Licensing & Charter School; 005-002-000
5/9/2019	House	Placed on Calendar 2nd Reading - Short Debate
5/16/2019	House	Second Reading - Short Debate
5/16/2019	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/23/2019	House	Third Reading - Short Debate - Passed 072-044-000
5/23/2019	Senate	Passed Both Houses
6/21/2019	Senate	Sent to the Governor
8/16/2019	Senate	Governor Approved
8/16/2019	Senate	Effective Date August 16, 2019
8/16/2019	Senate	Public Act . . . . . . . . . 101-0416

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