Bill Text: IL HB5577 | 2011-2012 | 97th General Assembly | Amended
Bill Title: Amends the School Code. Requires the township treasurer to establish and maintain any internal controls on accounts that are requested by the school board. Prohibits the township treasurer from receiving additional compensation for establishing and maintaining the internal controls requested by the school board. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2013-01-08 - Session Sine Die [HB5577 Detail]
Download: Illinois-2011-HB5577-Amended.html
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| 1 | AMENDMENT TO HOUSE BILL 5577
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| 2 | AMENDMENT NO. ______. Amend House Bill 5577 on page 2, line | ||||||
| 3 | 21, after "board.", by inserting "The township treasurer shall | ||||||
| 4 | attend at least one school board meeting every quarter, or 4 | ||||||
| 5 | times a year. In addition, the township treasurer shall twice | ||||||
| 6 | each year provide the school board with a report on how school | ||||||
| 7 | finances are being handled and how decisions on investments are | ||||||
| 8 | being made.".
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