Full Text of HB5515 96th General Assembly
HB5515 96TH GENERAL ASSEMBLY
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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5515
Introduced 2/9/2010, by Rep. Jay C. Hoffman SYNOPSIS AS INTRODUCED:
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105 ILCS 5/17-2A |
from Ch. 122, par. 17-2A |
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Amends the School Code. In provisions concerning interfund transfers, includes transfers from the school district's life/safety fund to the Operations and Maintenance Fund, up to the $0.05 levy for local property taxes, for building repair work. Extends the time period during which a school district other than the Chicago school district may transfer moneys from specified funds for any purpose from June 30, 2010 to June 30, 2013. Effective immediately.
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A BILL FOR
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HB5515 |
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LRB096 20135 MJR 35672 b |
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| AN ACT concerning education.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The School Code is amended by changing Section | | 5 |
| 17-2A as follows:
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| (105 ILCS 5/17-2A) (from Ch. 122, par. 17-2A)
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| 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 the | | 10 |
| school board or the president of the school board
(that is | | 11 |
| preceded (i) by at least one published notice over the name of
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| the clerk
or secretary of the board, occurring at least 7 days | | 13 |
| and not more than 30
days
prior to the hearing, in a newspaper | | 14 |
| of general circulation within the
school
district and (ii) by | | 15 |
| posted notice over the name of the clerk or secretary of
the | | 16 |
| board, at least 48 hours before the hearing, at the principal | | 17 |
| office of the
school board or at the building where the hearing | | 18 |
| is to be held if a principal
office does not exist, with both | | 19 |
| notices setting forth the time, date, place,
and subject matter | | 20 |
| of the
hearing), transfer money from (1) the Educational Fund | | 21 |
| to the Operations
and
Maintenance Fund or the Transportation | | 22 |
| Fund, (2) the Operations and
Maintenance Fund to the | | 23 |
| Educational Fund or the Transportation Fund, or (3) the
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HB5515 |
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LRB096 20135 MJR 35672 b |
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| Transportation Fund to the Educational Fund or the Operations | | 2 |
| and Maintenance
Fund, or (4) from the school district's | | 3 |
| life/safety fund to the Operations and Maintenance Fund, up to | | 4 |
| the $0.05 levy for local property taxes, for building repair | | 5 |
| work of said
district,
provided that, except during the period | | 6 |
| from July 1, 2003 through June 30,
2013 2010, such transfer is | | 7 |
| made solely for the purpose of meeting one-time,
non-recurring | | 8 |
| expenses. Except during the period from July 1, 2003 through
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| June 30, 2013 2010, any other permanent interfund transfers | | 10 |
| authorized
by any provision or judicial interpretation of this | | 11 |
| Code for which the
transferee fund is not precisely and | | 12 |
| specifically set forth in the provision of
this Code | | 13 |
| authorizing such transfer shall be made to the fund of the | | 14 |
| school
district most in need of the funds being transferred, as | | 15 |
| determined by
resolution of the school board.
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| (Source: P.A. 94-176, eff. 7-12-05; 95-53, eff. 8-10-07.)
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| Section 99. Effective date. This Act takes effect upon | | 18 |
| becoming law.
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