LIBRARIES-WORKING CASH Senate SponsorsSen. Louis S. Viverito-Pamela J. Althoff-Edward D. Maloney-M. Maggie Crotty-Jacqueline Y. Collins House Sponsors(Rep. Linda Chapa LaVia-Aaron Schock-Tom Cross-Dan Reitz-Elaine Nekritz, Sidney H. Mathias, Franco Coladipietro, Sandra M. Pihos, Mike Fortner, Sandy Cole, Mark H. Beaubien, Jr., Robert W. Pritchard, Donald L. Moffitt, Patricia R. Bellock, Suzanne Bassi and Kevin Joyce) 10/17/2007SenatePublic Act . . . . . . . . . 95-0659 75 ILCS 16/30-9575 ILCS 16/30-100Amends the Public Library District Act. Provides that the balance in the working cash fund may not exceed 0.2% of the equalized assessed value of the taxable property in the district (instead of 0.2% of the equalized assessed value of taxable property for the year the fund was established or, for funds established after January 1, 1979, for the year 1978). Provides that the library district board may invest temporarily idle moneys from the district's working cash fund. Provides that the interest earned from the investments may be transferred to the general fund or may remain in the working cash fund, provided that the balance of the working cash fund does not exceed the statutory maximum. Provides that, if a working cash fund is abolished, it may be reestablished in the same manner as the fund was originally created. Effective immediately.Senate Committee Amendment No. 1 Provides that the balance in a public library district working cash fund shall not exceed 0.2% of the equalized assessed value of taxable property in the district for the year 1998 (instead of 0.2% of the equalized or assessed value for the current taxable year).Fiscal Note (Office of the Secretary of State) SB 186 has no fiscal impact on the Secretary of State, however, it does affect certain local library districts. 1/31/2007SenateFiled with Secretary by Sen. Louis S. Viverito 1/31/2007SenateFirst Reading 1/31/2007SenateReferred to Rules 2/7/2007SenateAssigned to Local Government 2/7/2007SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff 2/8/2007SenateAdded as Chief Co-Sponsor Sen. Edward D. Maloney 2/21/2007SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Louis S. Viverito 2/21/2007SenateSenate Committee Amendment No. 1 Referred to Rules 2/21/2007SenateAdded as Chief Co-Sponsor Sen. M. Maggie Crotty 2/21/2007SenateSenate Committee Amendment No. 1 Rules Refers to Local Government 2/21/2007SenateSenate Committee Amendment No. 1 Adopted 2/21/2007SenateDo Pass as Amended Local Government; 009-000-000 2/21/2007SenatePlaced on Calendar Order of 2nd Reading February 22, 2007 2/22/2007SenateSecond Reading 2/22/2007SenatePlaced on Calendar Order of 3rd Reading February 23, 2007 2/23/2007SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins 2/23/2007SenateThird Reading - Passed; 057-000-000 2/23/2007HouseArrived in House 2/23/2007HousePlaced on Calendar Order of First Reading 2/28/2007HouseChief House Sponsor Rep. Linda Chapa LaVia 2/28/2007HouseFirst Reading 2/28/2007HouseReferred to Rules Committee 4/19/2007HouseAdded Alternate Chief Co-Sponsor Rep. Aaron Schock 4/19/2007HouseAdded Alternate Chief Co-Sponsor Rep. Tom Cross 4/19/2007HouseAdded Alternate Chief Co-Sponsor Rep. Dan Reitz 4/19/2007HouseAdded Alternate Chief Co-Sponsor Rep. Elaine Nekritz 4/30/2007HouseAssigned to Local Government Committee 5/9/2007HouseAdded Alternate Co-Sponsor Rep. Sidney H. Mathias 5/10/2007HouseDo Pass / Short Debate Local Government Committee; 010-000-000 5/10/2007HousePlaced on Calendar 2nd Reading - Short Debate 5/15/2007HouseAdded Alternate Co-Sponsor Rep. Franco Coladipietro 5/15/2007HouseAdded Alternate Co-Sponsor Rep. Sandra M. Pihos 5/15/2007HouseAdded Alternate Co-Sponsor Rep. Mike Fortner 5/15/2007HouseAdded Alternate Co-Sponsor Rep. Sandy Cole 5/15/2007HouseAdded Alternate Co-Sponsor Rep. Mark H. Beaubien, Jr. 5/15/2007HouseAdded Alternate Co-Sponsor Rep. Robert W. Pritchard 5/15/2007HouseAdded Alternate Co-Sponsor Rep. Donald L. Moffitt 5/16/2007HouseFiscal Note Filed 5/16/2007HouseAdded Alternate Co-Sponsor Rep. Patricia R. Bellock 5/16/2007HouseAdded Alternate Co-Sponsor Rep. Suzanne Bassi 5/21/2007HouseSecond Reading - Short Debate 5/21/2007HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/21/2007HouseAdded Alternate Co-Sponsor Rep. Kevin Joyce 5/22/2007HouseThird Reading - Short Debate - Passed 113-002-000 5/22/2007SenatePassed Both Houses 6/20/2007SenateSent to the Governor 8/17/2007SenateGovernor Vetoed 10/2/2007SenatePlaced Calendar Total Veto October 2, 2007 10/2/2007SenateMotion Filed Override Governor Veto Sen. Louis S. Viverito 10/2/2007Senate3/5 Vote Required 10/2/2007SenateOverride Governor Veto - Senate Passed 044-000-008 10/4/2007HousePlaced on Calendar Total Veto October 10, 2007 10/10/2007HouseMotion Filed Override Governor Veto Rep. Linda Chapa LaVia 10/11/2007House3/5 Vote Required 10/11/2007HouseOverride Governor Veto - House Passed 112-000-000 10/11/2007SenateBoth Houses Override Total Veto 10/17/2007SenateEffective Date October 11, 2007 10/17/2007SenatePublic Act . . . . . . . . . 95-0659