SB 2149

  • Illinois Senate Bill
  • 97th Regular Session
  • Introduced in Senate Apr 15, 2011
  • Passed Senate Apr 14, 2011
  • Passed House May 20, 2011
  • Became Law Aug 16, 2011

Sch Cd-Financ Oversight Panel

Abstract

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.

Bill Sponsors (1)

Votes


Actions


Aug 16, 2011

Senate

Public Act . . . . . . . . . 97-0429

Senate

Effective Date August 16, 2011

Senate

Governor Approved

Jun 17, 2011

Senate

Sent to the Governor

May 20, 2011

House

Third Reading - Short Debate - Passed 072-039-000

Senate

Passed Both Houses

May 16, 2011

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

May 11, 2011

House

Do Pass / Short Debate Elementary & Secondary Education Committee; 016-006-000

House

Placed on Calendar 2nd Reading - Short Debate

Apr 25, 2011

House

Assigned to Elementary & Secondary Education Committee

Apr 15, 2011

House

Placed on Calendar Order of First Reading

House

Referred to Rules Committee

House

First Reading

House

Chief House Sponsor Rep. Roger L. Eddy

House

Arrived in House

Apr 14, 2011

Senate

Recalled to Second Reading

Senate

Third Reading - Passed; 036-019-001

Senate

Placed on Calendar Order of 3rd Reading

Senate

Senate Floor Amendment No. 3 Adopted; Sullivan

Apr 13, 2011

Senate

Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 012-000-000

Apr 11, 2011

Senate

Senate Floor Amendment No. 3 Assignments Refers to Executive

Apr 08, 2011

Senate

Placed on Calendar Order of 3rd Reading April 11, 2011

Senate

Senate Floor Amendment No. 3 Referred to Assignments

Senate

Senate Floor Amendment No. 3 Filed with Secretary by Sen. John M. Sullivan

Senate

Senate Floor Amendment No. 2 Adopted; Sullivan

Senate

Second Reading

Apr 06, 2011

Senate

Senate Floor Amendment No. 2 Assignments Refers to Executive

Senate

Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 015-000-000

Apr 05, 2011

Senate

Senate Floor Amendment No. 2 Referred to Assignments

Senate

Senate Floor Amendment No. 2 Filed with Secretary by Sen. John M. Sullivan

Mar 17, 2011

Senate

Do Pass as Amended Executive; 012-003-000

Senate

Placed on Calendar Order of 2nd Reading March 17, 2011

Mar 16, 2011

Senate

Senate Committee Amendment No. 1 Adopted

Mar 15, 2011

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Senate

Senate Committee Amendment No. 1 Assignments Refers to Executive

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. John M. Sullivan

Mar 10, 2011

Senate

Postponed - Executive

Mar 02, 2011

Senate

Assigned to Executive

Mar 01, 2011

Senate

Chief Sponsor Changed to Sen. John M. Sullivan

Senate

Chief Sponsor Changed to Sen. Dan Kotowski

Feb 10, 2011

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. John M. Sullivan

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
Senate Amendment 003
Senate Amendment 002
Senate Amendment 001

Sources

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