Bill Text: IL HB0160 | 2013-2014 | 98th General Assembly | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: 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.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2013-08-02 - Public Act . . . . . . . . . 98-0131 [HB0160 Detail]
Download: Illinois-2013-HB0160-Engrossed.html
Bill Title: 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.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2013-08-02 - Public Act . . . . . . . . . 98-0131 [HB0160 Detail]
Download: Illinois-2013-HB0160-Engrossed.html
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1 | AN ACT concerning education.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The School Code is amended by changing Section | ||||||
5 | 17-2A as follows:
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6 | (105 ILCS 5/17-2A) (from Ch. 122, par. 17-2A)
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7 | Sec. 17-2A. Interfund Transfers. | ||||||
8 | (a) The school board of any district having a population of | ||||||
9 | less than
500,000 inhabitants may, by proper resolution | ||||||
10 | following a public hearing
set by the school board or the | ||||||
11 | president of the school board
(that is preceded (i) by at least | ||||||
12 | one published notice over the name of
the clerk
or secretary of | ||||||
13 | the board, occurring at least 7 days and not more than 30
days
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14 | prior to the hearing, in a newspaper of general circulation | ||||||
15 | within the
school
district and (ii) by posted notice over the | ||||||
16 | name of the clerk or secretary of
the board, at least 48 hours | ||||||
17 | before the hearing, at the principal office of the
school board | ||||||
18 | or at the building where the hearing is to be held if a | ||||||
19 | principal
office does not exist, with both notices setting | ||||||
20 | forth the time, date, place,
and subject matter of the
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21 | hearing), transfer money from (1) the Educational Fund to the | ||||||
22 | Operations
and
Maintenance Fund or the Transportation Fund, (2) | ||||||
23 | the Operations and
Maintenance Fund to the Educational Fund or |
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1 | the Transportation Fund, or (3) the
Transportation Fund to the | ||||||
2 | Educational Fund or the Operations and Maintenance
Fund of said
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3 | district,
provided that, except during the period from July 1, | ||||||
4 | 2003 through June 30, 2016
2013 , such transfer is made solely | ||||||
5 | for the purpose of meeting one-time,
non-recurring expenses. | ||||||
6 | Except during the period from July 1, 2003 through
June 30, | ||||||
7 | 2016 and except as otherwise provided in subsection (b) of this | ||||||
8 | Section 2013 , any other permanent interfund transfers | ||||||
9 | authorized
by any provision or judicial interpretation of this | ||||||
10 | Code for which the
transferee fund is not precisely and | ||||||
11 | specifically set forth in the provision of
this Code | ||||||
12 | authorizing such transfer shall be made to the fund of the | ||||||
13 | school
district most in need of the funds being transferred, as | ||||||
14 | determined by
resolution of the school board. | ||||||
15 | (b) Notwithstanding subsection (a) of this Section or any
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16 | other provision of this Code to the contrary, the school board
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17 | of any school district (i) that is subject to the Property Tax
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18 | Extension Limitation Law, (ii) that has a population of less
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19 | than 500,000 inhabitants, (iii) that is levying at its maximum
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20 | tax rate, (iv) whose total equalized assessed valuation has
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21 | declined 20% in the prior 2 years, (v) in which 80% or more
of | ||||||
22 | its students receive free or reduced-price lunch, and (vi) that | ||||||
23 | had an equalized assessed valuation of less than $207 million | ||||||
24 | but more than $203 million in the 2011 levy year may annually, | ||||||
25 | until July 1, 2016, transfer money from any fund of the | ||||||
26 | district, other than the Illinois Municipal Retirement Fund and |
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1 | the Bonds and Interest Fund, to the educational fund, the | ||||||
2 | operations and maintenance fund, or the transportation fund of | ||||||
3 | the district by proper resolution following a public hearing | ||||||
4 | set by the school board or the president of the school board, | ||||||
5 | with notice as provided in subsection (a) of this Section, so | ||||||
6 | long as the district meets the qualifications set forth in this | ||||||
7 | subsection (b) on the effective date of this amendatory Act of | ||||||
8 | the 98th General Assembly even if the district does not meet | ||||||
9 | those qualifications at the time a given transfer is made.
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10 | (Source: P.A. 95-53, eff. 8-10-07; 96-1201, eff. 7-22-10.)
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11 | Section 10. The Tort Liability of Schools Act is amended by | ||||||
12 | adding Section 9.5 as follows:
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13 | (745 ILCS 25/9.5 new) | ||||||
14 | Sec. 9.5. Tort immunity fund transfers. Notwithstanding | ||||||
15 | any provision of the School Code to the contrary, if a school | ||||||
16 | board determines that there are educational needs that will go | ||||||
17 | unmet because of a lack of funds in the district's educational, | ||||||
18 | operations and maintenance, and transportation funds, that | ||||||
19 | there exists a sufficient fund balance in the district's tort | ||||||
20 | immunity fund to meet those educational needs, and that a | ||||||
21 | transfer will not cause the district to realize increased tort | ||||||
22 | exposure, then the school board of any school district (i) that | ||||||
23 | is subject to the Property Tax Extension Limitation Law, (ii) | ||||||
24 | that has a population of less
than 500,000 inhabitants, (iii) |
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1 | that is levying at its maximum
tax rate, (iv) whose total | ||||||
2 | equalized assessed valuation has
declined 20% in the prior 2 | ||||||
3 | years, (v) in which 80% or more
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