Full Text of SB2155 99th General Assembly
SB2155sam002 99TH GENERAL ASSEMBLY | Sen. Bill Cunningham Filed: 4/5/2016
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| 1 | | AMENDMENT TO SENATE BILL 2155
| 2 | | AMENDMENT NO. ______. Amend Senate Bill 2155, AS AMENDED, | 3 | | by replacing everything after the enacting clause with the | 4 | | following:
| 5 | | "Section 5. The Public Community College Act is amended by | 6 | | changing Section 2-15 as follows:
| 7 | | (110 ILCS 805/2-15) (from Ch. 122, par. 102-15)
| 8 | | Sec. 2-15. Recognition. The State Board shall grant | 9 | | recognition to
community colleges which
maintain equipment, | 10 | | courses of study, standards of scholarship and other
| 11 | | requirements set by the State Board. Application for | 12 | | recognition shall be
made to the State Board. The State Board | 13 | | shall set the criteria by which
the community colleges shall be | 14 | | judged and through the executive officer of
the State Board | 15 | | shall arrange for an official evaluation of the community
| 16 | | colleges and shall grant recognition of such community colleges |
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| 1 | | as may meet
the required standards.
| 2 | | Recognition shall include regular peer audits of the | 3 | | finances and operations of community colleges. Every community | 4 | | college shall be subject to a peer audit every 5 years. The | 5 | | peer audit shall review compliance with all applicable State | 6 | | laws, including, but not limited to: laws regarding | 7 | | transparency; contract formation, renewal, extension, or | 8 | | termination; bonus payments; and Open Meetings Act | 9 | | requirements. | 10 | | If a community college district fails to meet the | 11 | | recognition standards
set by the State Board, and if the | 12 | | district, in accordance with: (a) Government
Auditing | 13 | | Standards issued by the
Comptroller General of the United | 14 | | States, (b) auditing standards established by
the American | 15 | | Institute of Certified Public Accountants, or (c) other | 16 | | applicable
State and federal standards, is found by the | 17 | | district's auditor or the State
Board working in cooperation | 18 | | with the district's auditor to have material
deficiencies in | 19 | | the
design or operation of financial control structures that
| 20 | | could adversely affect the district's financial integrity and | 21 | | stability, or is
found to have misused State or federal funds | 22 | | and jeopardized
its participation in State or federal programs, | 23 | | the State Board may,
notwithstanding any laws to the contrary, | 24 | | implement one or more of the
following emergency powers:
| 25 | | (1) To direct the district to develop and implement a plan | 26 | | that addresses
the budgetary, programmatic, and other relevant |
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| 1 | | factors contributing to the
need to implement emergency | 2 | | measures. The State Board shall assist in the
development and | 3 | | shall have final approval of the plan.
| 4 | | (2) To direct the district to contract for educational | 5 | | services in
accordance with Section 3-40. The State Board shall | 6 | | assist in the development
and shall have final approval of any | 7 | | such contractual agreements.
| 8 | | (3) To approve and require revisions of the district's | 9 | | budget.
| 10 | | (4) To appoint a Financial Administrator to exercise | 11 | | oversight and control
over the district's budget. The Financial | 12 | | Administrator shall serve at the
pleasure of the State Board | 13 | | and may be an individual, partnership, corporation,
including | 14 | | an accounting firm, or other entity determined by the State | 15 | | Board to
be qualified to serve, and shall be entitled to | 16 | | compensation. Such
compensation shall be provided through | 17 | | specific appropriations made to the
State Board for that | 18 | | express purpose.
| 19 | | (5) To develop and implement a plan providing for the | 20 | | dissolution or
reorganization of the district if in the | 21 | | judgement of the State Board the
circumstances so require.
| 22 | | (Source: P.A. 89-147, eff. 7-14-95.)".
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