State of Illinois
91st General Assembly
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Public Act 91-0776

HB3993 Enrolled                                LRB9112503NTsb

    AN ACT to amend  the  Public  Community  College  Act  by
changing Sections 2-16.03 and 3-37.

    Be  it  enacted  by  the People of the State of Illinois,
represented in the General Assembly:

    Section 5.  The Public Community College Act  is  amended
by changing Sections 2-16.03 and 3-37 as follows:

    (110 ILCS 805/2-16.03) (from Ch. 122, par. 102-16.2)
    Sec.  2-16.03.  The  AFDC  Opportunities  Fund  is hereby
created in the State Treasury.  Each  month  there  shall  be
transferred  into  that Fund as provided in subsection (d) of
Section 12-10.3 of the Illinois Public Aid Code  all  amounts
credited  for  deposit in the special account established and
maintained in the Employment and Training Fund as provided in
Section 12-5 of the Illinois Public Aid Code.
    Expenditures   and   distributions    from    the    AFDC
Opportunities Fund shall be made by the State Board, pursuant
to  appropriations  made  by  the  General Assembly from that
Fund, for grants to public community colleges  for  costs  of
work  force  training  and technology services rendered under
the federal programs and for the operating expenses made  and
incurred by the State Board in connection with these purposes
the exercise of its responsibilities with the JOBS program in
this State.
(Source: P.A. 87-860; 88-45.)

    (110 ILCS 805/3-37) (from Ch. 122, par. 103-37)
    Sec.  3-37.  To  build,  buy  or lease suitable buildings
upon a site approved by the State Board and issue  bonds,  in
the  manner  provided  in  Article  IIIA,  or, with the prior
approval of the Board of Higher Education  and  the  Illinois
Community  College  Board,  enter  into  an  installment loan
arrangement with  a  financial  institution  with  a  payback
period  of  less than 20 years provided the board has entered
into  a  contractual  agreement  which  provides   sufficient
revenue  to  pay  such  loan  in full from sources other than
local taxes, tuition, or State appropriations and to  provide
adequate additional operation and maintenance funding for the
term  of the agreement, for the purpose of borrowing money to
buy sites and to either  or  both  buy  or  build  and  equip
buildings   and   improvements,   and   for  the  purpose  of
transferring funds to the Illinois Building Authority.
    Any provision in a contractual agreement providing for an
installment loan agreement authorized by  this  Section  that
obligates  the State of Illinois is against public policy and
shall be null and void.
(Source: P.A. 83-576.)

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

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