093_SB1949ham002











                                     LRB093 08899 NHT 17224 a

 1                    AMENDMENT TO SENATE BILL 1949

 2        AMENDMENT NO.     .  Amend Senate Bill 1949 by  replacing
 3    everything after the enacting clause with the following:

 4        "Section  5.   The  School  Code  is  amended by changing
 5    Section 17-2A as follows:

 6        (105 ILCS 5/17-2A) (from Ch. 122, par. 17-2A)
 7        Sec. 17-2A.  Interfund Transfers. The school board of any
 8    district having a population of less than 500,000 inhabitants
 9    may, by proper resolution following a public hearing  set  by
10    the  school  board or the president of the school board (that
11    is preceded (i) by at least one  published  notice  over  the
12    name  of  the  clerk  or secretary of the board, occurring at
13    least 7 days and not more than 30 days prior to the  hearing,
14    in  a  newspaper  of  general  circulation  within the school
15    district and (ii) by posted notice over the name of the clerk
16    or secretary of the board,  at  least  48  hours  before  the
17    hearing,  at  the  principal office of the school board or at
18    the building where the hearing is to be held if  a  principal
19    office  does  not  exist, with both notices setting forth the
20    time, date,  place,  and  subject  matter  of  the  hearing),
21    transfer   money   from  (1)  the  Educational  Fund  to  the
22    Operations and Maintenance Fund or the  Transportation  Fund,
 
                            -2-      LRB093 08899 NHT 17224 a
 1    (2)  the  Operations  and Maintenance Fund to the Educational
 2    Fund or the Transportation Fund, or  (3)  the  Transportation
 3    Fund   to   the   Educational  Fund  or  the  Operations  and
 4    Maintenance Fund of said district, provided such transfer  is
 5    made   solely   for   the   purpose   of   meeting  one-time,
 6    non-recurring  expenses.   Any  other   permanent   interfund
 7    transfers   authorized   by   any   provision   or   judicial
 8    interpretation  of this Code for which the transferee fund is
 9    not precisely and specifically set forth in the provision  of
10    this Code authorizing such transfer shall be made to the fund
11    of  the  school  district  most  in  need  of the funds being
12    transferred, as determined by resolution of the school board.
13        It is the intention of the General Assembly  in  enacting
14    this  amendatory  Act of the 93rd General Assembly to relieve
15    school districts of the administrative  burdens  that  impede
16    efficiency and accompany single-program funding. This Section
17    does  not  relieve  any district of its obligation to provide
18    services required by law.
19    (Source: P.A. 92-127, eff. 1-1-02; 92-722, eff. 7-25-02.)

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