Bill Amendment: IL HB3437 | 2017-2018 | 100th General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: SCH CD-SCH CLOSING NOTICE
Status: 2017-08-18 - Public Act . . . . . . . . . 100-0179 [HB3437 Detail]
Download: Illinois-2017-HB3437-House_Amendment_001.html
Bill Title: SCH CD-SCH CLOSING NOTICE
Status: 2017-08-18 - Public Act . . . . . . . . . 100-0179 [HB3437 Detail]
Download: Illinois-2017-HB3437-House_Amendment_001.html
| |||||||
| |||||||
| |||||||
| 1 | AMENDMENT TO HOUSE BILL 3437
| ||||||
| 2 | AMENDMENT NO. ______. Amend House Bill 3437 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
| ||||||
| 4 | "Section 5. The School Code is amended by changing Section | ||||||
| 5 | 27A-10.10 as follows:
| ||||||
| 6 | (105 ILCS 5/27A-10.10) | ||||||
| 7 | Sec. 27A-10.10. Closure of charter school; unspent public | ||||||
| 8 | funds; procedures for the disposition of property and assets. | ||||||
| 9 | (a) Upon the closing of a charter school authorized by one | ||||||
| 10 | or more local school boards, the governing body of the charter | ||||||
| 11 | school or its designee shall refund to the chartering entity or | ||||||
| 12 | entities all unspent public funds. The charter school's other | ||||||
| 13 | property and assets shall be disposed of under the provisions | ||||||
| 14 | of the charter application and contract. If the application and | ||||||
| 15 | contract are silent or ambiguous as to the disposition of any | ||||||
| 16 | of the school's property or assets, any property or assets of | ||||||
| |||||||
| |||||||
| 1 | the charter school purchased with public funds shall be | ||||||
| 2 | returned to the school district or districts from which the | ||||||
| 3 | charter school draws enrollment, at no cost to the receiving | ||||||
| 4 | district or districts, subject to each district's acceptance of | ||||||
| 5 | the property or asset. Any unspent public funds or other | ||||||
| 6 | property or assets received by the charter school directly from | ||||||
| 7 | any State or federal agency shall be refunded to or revert back | ||||||
| 8 | to that State or federal agency, respectively. | ||||||
| 9 | (b) Upon the closing of a charter school authorized by the | ||||||
| 10 | Commission, the governing body of the charter school or its | ||||||
| 11 | designee shall refund all unspent public funds to the State | ||||||
| 12 | Board of Education. The charter school's other property and | ||||||
| 13 | assets shall be disposed of under the provisions of the charter | ||||||
| 14 | application and contract. If the application and contract are | ||||||
| 15 | silent or ambiguous as to the disposition of any of the | ||||||
| 16 | school's property or assets, any property or assets of the | ||||||
| 17 | charter school purchased with public funds shall be returned to | ||||||
| 18 | the school district or districts from which the charter school | ||||||
| 19 | draws its enrollment, at no cost to the receiving district or | ||||||
| 20 | districts, subject to each district's acceptance of the | ||||||
| 21 | property or asset. Any unspent public funds or other property | ||||||
| 22 | or assets provided by a State agency other than the State Board | ||||||
| 23 | of Education or by a federal agency shall be refunded to or | ||||||
| 24 | revert back to that State or federal agency, respectively.
| ||||||
| 25 | (c) If a determination is made to close a charter school | ||||||
| 26 | located within the boundaries of a school district organized | ||||||
| |||||||
| |||||||
| 1 | under Article 34 of this Code for at least one school year, the | ||||||
| 2 | charter school shall give at least 60 days' notice of the | ||||||
| 3 | closure to all affected students and parents or legal | ||||||
| 4 | guardians. | ||||||
| 5 | (Source: P.A. 98-783, eff. 1-1-15.)
| ||||||
| 6 | Section 99. Effective date. This Act takes effect upon | ||||||
| 7 | becoming law.".
| ||||||
