John M. Sullivan
- Democratic
Creates the Financial Oversight Panel Law of the School Code. Allows a school district (other than the Chicago school district) to petition the State Board of Education for the establishment of a Financial Oversight Panel for the district. Allows the State Board to establish a Financial Oversight Panel without a petition from a district. Contains provisions concerning duties of the district; members and meetings of a Panel; powers of a Panel; officers of a Panel; collective bargaining agreements; deposits and investments; cash and bank accounts; the financial, management, and budgetary structure; the School District Emergency Financial Assistance Fund; grants and loans; the issuance of bonds; a tax levy; a debt service fund; a debt service reserve fund; bond anticipation notes; tax anticipation warrants; reports; a Panel audit; Panel property being exempt from taxation; sanctions; and abolition of a Panel. Makes related changes in the School Code and the Property Tax Code. Effective July 1, 2011.
Public Act . . . . . . . . . 97-0429
Effective Date August 16, 2011
Governor Approved
Sent to the Governor
Third Reading - Short Debate - Passed 072-039-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Do Pass / Short Debate Elementary & Secondary Education Committee; 016-006-000
Placed on Calendar 2nd Reading - Short Debate
Assigned to Elementary & Secondary Education Committee
Placed on Calendar Order of First Reading
Referred to Rules Committee
First Reading
Chief House Sponsor Rep. Roger L. Eddy
Arrived in House
Recalled to Second Reading
Third Reading - Passed; 036-019-001
Placed on Calendar Order of 3rd Reading
Senate Floor Amendment No. 3 Adopted; Sullivan
Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 012-000-000
Senate Floor Amendment No. 3 Assignments Refers to Executive
Placed on Calendar Order of 3rd Reading April 11, 2011
Senate Floor Amendment No. 3 Referred to Assignments
Senate Floor Amendment No. 3 Filed with Secretary by Sen. John M. Sullivan
Senate Floor Amendment No. 2 Adopted; Sullivan
Second Reading
Senate Floor Amendment No. 2 Assignments Refers to Executive
Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 015-000-000
Senate Floor Amendment No. 2 Referred to Assignments
Senate Floor Amendment No. 2 Filed with Secretary by Sen. John M. Sullivan
Do Pass as Amended Executive; 012-003-000
Placed on Calendar Order of 2nd Reading March 17, 2011
Senate Committee Amendment No. 1 Adopted
Senate Committee Amendment No. 1 Referred to Assignments
Senate Committee Amendment No. 1 Assignments Refers to Executive
Senate Committee Amendment No. 1 Filed with Secretary by Sen. John M. Sullivan
Postponed - Executive
Assigned to Executive
Chief Sponsor Changed to Sen. John M. Sullivan
Chief Sponsor Changed to Sen. Dan Kotowski
First Reading
Referred to Assignments
Filed with Secretary by Sen. John M. Sullivan
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act | |
Senate Amendment 003 | |
Senate Amendment 002 | |
Senate Amendment 001 |
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