SCH CD-DISTRICT FINANCIAL INFO Senate SponsorsSen. Kimberly A. Lightford House Sponsors(Rep. Roger L. Eddy, William B. Black and Jerry L. Mitchell) 8/3/2010SenatePublic Act . . . . . . . . . 96-1423 35 ILCS 200/18-50.135 ILCS 200/18-9235 ILCS 200/18-24140 ILCS 5/7-105from Ch. 108 1/2, par. 7-10540 ILCS 5/7-109from Ch. 108 1/2, par. 7-109105 ILCS 5/1A-8from Ch. 122, par. 1A-8105 ILCS 5/1B-8from Ch. 122, par. 1B-8105 ILCS 5/Art. 1H heading new105 ILCS 5/1H-1 new105 ILCS 5/1H-5 new105 ILCS 5/1H-10 new105 ILCS 5/1H-15 new105 ILCS 5/1H-20 new105 ILCS 5/1H-25 new105 ILCS 5/1H-30 new105 ILCS 5/1H-35 new105 ILCS 5/1H-40 new105 ILCS 5/1H-41 new105 ILCS 5/1H-42 new105 ILCS 5/1H-43 new105 ILCS 5/1H-45 new105 ILCS 5/1H-50 new105 ILCS 5/1H-55 new105 ILCS 5/1H-60 new105 ILCS 5/1H-65 new105 ILCS 5/1H-70 new105 ILCS 5/1H-75 new105 ILCS 5/1H-80 new105 ILCS 5/1H-85 new105 ILCS 5/1H-90 new105 ILCS 5/1H-95 new105 ILCS 5/1H-100 new105 ILCS 5/1H-105 new105 ILCS 5/1H-110 new105 ILCS 5/1H-115 new105 ILCS 5/1H-120 new105 ILCS 5/1H-125 new105 ILCS 5/1H-130 new105 ILCS 5/1H-135 new105 ILCS 5/1H-140 new105 ILCS 5/1H-145 new105 ILCS 5/1H-150 new105 ILCS 5/1H-155 new105 ILCS 5/1H-160 new105 ILCS 5/1H-165 new105 ILCS 5/1H-170 new105 ILCS 5/8-6from Ch. 122, par. 8-6105 ILCS 5/10-16.9 new105 ILCS 5/17-1from Ch. 122, par. 17-1115 ILCS 5/2from Ch. 48, par. 1702Creates 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 and other certificates and notes; reports; a Panel audit; Panel property being exempt from taxation; sanctions; and abolition of a Panel. Makes related changes in the School Code, the Property Tax Code, and the Illinois Pension Code. Further amends the School Code with respect to districts in financial difficulty, the custody of school funds, bank reconciliation reports, and deficit reduction plans. Effective immediately.Senate Committee Amendment No. 1 Deletes reference to:35 ILCS 200/18-50.135 ILCS 200/18-9235 ILCS 200/18-24140 ILCS 5/7-105from Ch. 108 1/2, par. 7-10540 ILCS 5/7-109from Ch. 108 1/2, par. 7-109105 ILCS 5/1B-8from Ch. 122, par. 1B-8105 ILCS 5/Art. 1H heading new105 ILCS 5/1H-1 new105 ILCS 5/1H-5 new105 ILCS 5/1H-10 new105 ILCS 5/1H-15 new105 ILCS 5/1H-20 new105 ILCS 5/1H-25 new105 ILCS 5/1H-30 new105 ILCS 5/1H-35 new105 ILCS 5/1H-40 new105 ILCS 5/1H-41 new105 ILCS 5/1H-42 new105 ILCS 5/1H-43 new105 ILCS 5/1H-45 new105 ILCS 5/1H-50 new105 ILCS 5/1H-55 new105 ILCS 5/1H-60 new105 ILCS 5/1H-65 new105 ILCS 5/1H-70 new105 ILCS 5/1H-75 new105 ILCS 5/1H-80 new105 ILCS 5/1H-85 new105 ILCS 5/1H-90 new105 ILCS 5/1H-95 new105 ILCS 5/1H-100 new105 ILCS 5/1H-105 new105 ILCS 5/1H-110 new105 ILCS 5/1H-115 new105 ILCS 5/1H-120 new105 ILCS 5/1H-125 new105 ILCS 5/1H-130 new105 ILCS 5/1H-135 new105 ILCS 5/1H-140 new105 ILCS 5/1H-145 new105 ILCS 5/1H-150 new105 ILCS 5/1H-155 new105 ILCS 5/1H-160 new105 ILCS 5/1H-165 new105 ILCS 5/1H-170 new105 ILCS 5/8-6from Ch. 122, par. 8-6105 ILCS 5/10-16.9 new105 ILCS 5/17-1from Ch. 122, par. 17-1115 ILCS 5/2from Ch. 48, par. 1702Deletes everything after the enacting clause. Amends the School Code with respect to districts in financial difficulty. Provides that the State Superintendent of Education may require a school district to share financial information relevant to a proper investigation of the district's financial condition and the delivery of appropriate State financial, technical, and consulting services to the district if the district is determined to be likely to fail to fully meet any regularly scheduled, payroll-period obligations when due or any debt service payments when due or both. Provides that the State Board of Education may certify that a district is in financial difficulty when the district is likely to fail to fully meet any regularly scheduled, payroll-period obligations when due or any debt service payments when due or both. Effective immediately.House Floor Amendment No. 1 Adds reference to:105 ILCS 5/2-3.13afrom Ch. 122, par. 2-3.13a105 ILCS 5/2-3.103from Ch. 122, par. 2-3.103105 ILCS 5/14C-1from Ch. 122, par. 14C-1105 ILCS 5/21-7.1from Ch. 122, par. 21-7.1105 ILCS 5/24A-4from Ch. 122, par. 24A-4105 ILCS 5/24A-5from Ch. 122, par. 24A-5105 ILCS 5/24A-7from Ch. 122, par. 24A-7105 ILCS 5/26-2afrom Ch. 122, par. 26-2a105 ILCS 125/4from Ch. 122, par. 712.4105 ILCS 5/2-3.97 rep.Further amends the School Code to make changes concerning student dropouts, the annual salary and benefits survey, support for transitional bilingual education programs, qualifications for an administrative certificate, and the evaluation of certified employees. Repeals a Section concerning the State Board of Education's physical education report. Amends the School Breakfast and Lunch Program Act to delete provisions concerning a school breakfast program report.House Floor Amendment No. 2 Adds reference to:105 ILCS 5/2-3.11d105 ILCS 5/2-3.25gfrom Ch. 122, par. 2-3.25g105 ILCS 230/5-200Further amends the School Code. Provides that on or before October 1, 2012 (instead of August 1, 2009) and every 3 years thereafter, the State Board of Education shall file with the General Assembly and the Governor and shall make available to the public a report listing the institutions of higher education engaged in teacher preparation in the State, along with other specified data pertinent to each institution. Deletes language that provides that on or before February 1, 1998, and each year thereafter, the State Board of Education shall submit a cumulative report summarizing all types of waivers of mandates and modifications of mandates granted by the State Board or the General Assembly. Amends the School Construction Law. Provides that each school year in which school energy efficiency project grants are awarded, 20% of the total amount awarded shall be awarded to a school district in a city with a population of more than 500,000 (currently, specifies only a school district with a population of more than 500,000), provided that the school district complies with the specified rules and requirements. 2/11/2010SenateFiled with Secretary by Sen. Deanna Demuzio 2/11/2010SenateFirst Reading 2/11/2010SenateReferred to Assignments 2/23/2010SenateChief Sponsor Changed to Sen. Kimberly A. Lightford 2/24/2010SenateAssigned to Education 3/2/2010SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Kimberly A. Lightford 3/2/2010SenateSenate Committee Amendment No. 1 Referred to Assignments 3/2/2010SenateSenate Committee Amendment No. 1 Assignments Refers to Education 3/2/2010SenateSenate Committee Amendment No. 1 Adopted 3/3/2010SenateDo Pass as Amended Education; 010-000-000 3/3/2010SenatePlaced on Calendar Order of 2nd Reading March 4, 2010 3/10/2010SenateSecond Reading 3/10/2010SenatePlaced on Calendar Order of 3rd Reading March 11, 2010 3/17/2010SenateThird Reading - Passed; 056-000-000 3/18/2010HouseArrived in House 3/18/2010HouseChief House Sponsor Rep. Roger L. Eddy 3/18/2010HousePlaced on Calendar Order of First Reading 3/18/2010HouseFirst Reading 3/18/2010HouseReferred to Rules Committee 4/8/2010HouseAssigned to Elementary & Secondary Education Committee 4/13/2010HouseAdded Alternate Co-Sponsor Rep. William B. Black 4/14/2010HouseDo Pass / Short Debate Elementary & Secondary Education Committee; 014-000-000 4/14/2010HousePlaced on Calendar 2nd Reading - Short Debate 4/28/2010HouseSecond Reading - Short Debate 4/28/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/29/2010HouseRecalled to Second Reading - Short Debate 4/29/2010HouseHeld on Calendar Order of Second Reading - Short Debate 4/29/2010HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Roger L. Eddy 4/29/2010HouseHouse Floor Amendment No. 1 Referred to Rules Committee 5/3/2010HouseHouse Floor Amendment No. 1 Rules Refers to Elementary & Secondary Education Committee 5/4/2010HouseHouse Floor Amendment No. 1 Recommends Be Adopted Elementary & Secondary Education Committee; 017-000-000 5/4/2010HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Roger L. Eddy 5/4/2010HouseHouse Floor Amendment No. 2 Referred to Rules Committee 5/4/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/4/2010HouseRecalled to Second Reading - Short Debate 5/4/2010HouseHouse Floor Amendment No. 1 Adopted by Voice Vote 5/4/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/4/2010HouseRecalled to Second Reading - Short Debate 5/4/2010HouseHeld on Calendar Order of Second Reading - Short Debate 5/6/2010HouseHouse Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 5/6/2010HouseAdded Alternate Co-Sponsor Rep. Jerry L. Mitchell 5/6/2010HouseHouse Floor Amendment No. 2 Adopted by Voice Vote 5/6/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/6/2010HouseThird Reading - Short Debate - Passed 118-000-000 5/6/2010SenateSecretary's Desk - Concurrence House Amendment(s) 1, 2 5/6/2010SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 7, 2010 5/6/2010SenateHouse Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Kimberly A. Lightford 5/6/2010SenateHouse Floor Amendment No. 1 Motion to Concur Referred to Assignments 5/6/2010SenateHouse Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Kimberly A. Lightford 5/6/2010SenateHouse Floor Amendment No. 2 Motion to Concur Referred to Assignments 5/6/2010SenateHouse Floor Amendment No. 1 Motion to Concur Assignments Referred to Education 5/6/2010SenateHouse Floor Amendment No. 2 Motion to Concur Assignments Referred to Education 5/7/2010SenateHouse Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Education; 006-004-001 5/7/2010SenateHouse Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Education; 006-004-001 5/7/2010SenateHouse Floor Amendment No. 1 Senate Concurs 038-017-000 5/7/2010SenateHouse Floor Amendment No. 2 Senate Concurs 038-017-000 5/7/2010SenatePassed Both Houses 6/4/2010SenateSent to the Governor 8/3/2010SenateGovernor Approved 8/3/2010SenateEffective Date August 3, 2010 8/3/2010SenatePublic Act . . . . . . . . . 96-1423