SB 1305

Abstract

Amends the School Code. Makes a technical change in a Section concerning the School Code's construction. Senate Floor Amendment No. 1 Deletes reference to: 105 ILCS 5/1-2 Adds reference to: 105 ILCS 230/5-40 Replaces everything after the enacting clause. Amends the School Construction Law. Makes changes to provisions relating to green projects to provide that a school construction project is not required to receive silver certification from the United States Green Building Council's Leadership in Energy and Environmental Design Green Building Rating System if (i) the school construction project is located in a county with a population of more than 38,000 and less than 39,000; (ii) the school district has no more than 500 students, with the relevant school facility housing no more than 150 students; (iii) the facilities for which the school construction grant will be used have been in use as of August 2019; and (iv) the application for the school construction grant has been approved prior to the effective date of the amendatory Act. Effective immediately. House Committee Amendment No. 1 Adds reference to: 105 ILCS 5/19-1 Replaces everything after the enacting clause. Reinserts the engrossed bill with the following changes. Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Iroquois County Community Unit School District 9 may issue bonds with an aggregate principal amount not to exceed $17,125,000 and Field Community Consolidated School District 3 may issue bonds with an aggregate principal amount not to exceed $2,600,000 if certain conditions are met, including (1) that the voters of the district approve a proposition for the bond issuance at an election held on or after April 6, 2021 and (2) that, prior to the issuance of the bonds, the school board determines, by resolution, that it is necessary to make site improvements and other changes because of the age and condition of the district's existing school facilities. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and that the bonds must mature within not to exceed 25 years from their date, notwithstanding any other law to the contrary. Effective immediately.