SCH CD-INTERFUND TRANSFERS House SponsorsRep. JoAnn D. Osmond-Darlene J. Senger-Donald L. Moffitt Senate Sponsors(Sen. Melinda Bush) 8/2/2013HousePublic Act . . . . . . . . . 98-0131 105 ILCS 5/17-2Afrom Ch. 122, par. 17-2A Amends the School Code. In a Section concerning interfund transfers, extends the time period during which a school district other than the Chicago school district may transfer moneys from specified funds for any purpose from June 30, 2013 to June 30, 2016. Allows the school board of any school district (i) that is subject to the Property Tax Extension Limitation Law, (ii) that has a population of less than 500,000 inhabitants, (iii) that is levying at its maximum tax rate, (iv) whose total equalized assessed valuation has declined 25% in the prior 2 years, and (v) in which 75% or more of its students receive free or reduced-price lunch to annually transfer money from any fund of the district to any other fund of the district by proper resolution following a public hearing set by the school board or the president of the school board, with notice, so long as the district meets the qualifications set forth in this provision at the time a given transfer is made.House Committee Amendment No. 3 Adds reference to:745 ILCS 25/9.5 newReplaces everything after the enacting clause. Amends the School Code. Extends the time period during which a school district other than the Chicago school district may transfer moneys from specified funds for any purpose from June 30, 2013 to June 30, 2016. Allows the school board of any school district (i) that is subject to the Property Tax Extension Limitation Law, (ii) that has a population of less than 500,000 inhabitants, (iii) that is levying at its maximum tax rate, (iv) whose total equalized assessed valuation has declined 20% in the prior 2 years, (v) in which 80% or more of its students receive free or reduced-price lunch, and (vi) that had an equalized assessed valuation of less than $207 million but more than $203 million in the 2011 levy year to annually, until July 1, 2016, transfer money from any fund of the district, other than the Illinois Municipal Retirement Fund and the Bonds and Interest Fund, to the educational fund, the operations and maintenance fund, or the transportation fund of the district by proper resolution following a public hearing set by the school board or the president of the school board, with notice, so long as the district meets the qualifications set forth in this provision on the effective date of the amendatory Act even if the district does not meet those qualifications at the time a given transfer is made. Makes a related change in the Tort Liability of Schools Act. 1/15/2013HouseFiled with the Clerk by Rep. JoAnn D. Osmond 1/16/2013HouseFirst Reading 1/16/2013HouseReferred to Rules Committee 1/30/2013HouseAssigned to Elementary & Secondary Education Committee 2/5/2013HouseAdded Chief Co-Sponsor Rep. Darlene J. Senger 2/26/2013HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. JoAnn D. Osmond 2/26/2013HouseHouse Committee Amendment No. 1 Referred to Rules Committee 2/28/2013HouseHouse Committee Amendment No. 1 Rules Refers to Elementary & Secondary Education Committee 3/6/2013HouseHouse Committee Amendment No. 2 Filed with Clerk by Rep. JoAnn D. Osmond 3/6/2013HouseHouse Committee Amendment No. 2 Referred to Rules Committee 3/7/2013HouseHouse Committee Amendment No. 3 Filed with Clerk by Rep. JoAnn D. Osmond 3/7/2013HouseHouse Committee Amendment No. 3 Referred to Rules Committee 3/11/2013HouseHouse Committee Amendment No. 3 Rules Refers to Elementary & Secondary Education Committee 3/20/2013HouseHouse Committee Amendment No. 3 Adopted in Elementary & Secondary Education Committee; by Voice Vote 3/20/2013HouseDo Pass as Amended / Short Debate Elementary & Secondary Education Committee; 010-000-000 3/20/2013HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40 3/20/2013HouseHouse Committee Amendment No. 2 Tabled Pursuant to Rule 40 3/20/2013HousePlaced on Calendar 2nd Reading - Short Debate 4/12/2013HouseSecond Reading - Short Debate 4/12/2013HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/15/2013HouseThird Reading - Short Debate - Passed 095-021-000 4/15/2013HouseAdded Chief Co-Sponsor Rep. Donald L. Moffitt 4/16/2013SenateArrive in Senate 4/16/2013SenatePlaced on Calendar Order of First Reading 4/16/2013SenateChief Senate Sponsor Sen. Melinda Bush 4/16/2013SenateFirst Reading 4/16/2013SenateReferred to Assignments 4/23/2013SenateAssigned to Education 5/1/2013SenateDo Pass Education; 011-002-000 5/1/2013SenatePlaced on Calendar Order of 2nd Reading May 2, 2013 5/7/2013SenateSecond Reading 5/7/2013SenatePlaced on Calendar Order of 3rd Reading May 8, 2013 5/9/2013SenateThird Reading - Passed; 052-000-000 5/9/2013HousePassed Both Houses 6/7/2013HouseSent to the Governor 8/2/2013HouseGovernor Approved 8/2/2013HouseEffective Date January 1, 2014 8/2/2013HousePublic Act . . . . . . . . . 98-0131