HB 4210

  • Illinois House Bill
  • 98th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Muni Cd-Surplus Funds

Abstract

Amends the Illinois Municipal Code. Provides that in municipalities with more than 1,000,000 inhabitants, all surplus funds in the special tax allocation fund shall be distributed annually within 180 days after the close of the municipality's fiscal year by being paid by the municipal treasurer to any public school district operating under general school law in the municipality. Further provides that if there are 2 or more school districts operating under general school law in the municipality, the funds shall be disbursed proportionately to the number of students enrolled in each district. Prohibits special charter districts from receiving these surplus funds. Effective immediately.

Bill Sponsors (1)

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Dec 03, 2014

House

Session Sine Die

Feb 11, 2014

House

Added Chief Co-Sponsor Rep. Jaime M. Andrade, Jr.

Jan 22, 2014

House

Added Co-Sponsor Rep. Ann Williams

Jan 16, 2014

House

Added Chief Co-Sponsor Rep. Greg Harris

Jan 15, 2014

House

Referred to Rules Committee

House

First Reading

Jan 14, 2014

House

Filed with the Clerk by Rep. Maria Antonia Berrios

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