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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB2720 Introduced , by Rep. Katie Stuart SYNOPSIS AS INTRODUCED:
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Amends the State Finance Act. Provides that within 150 (currently, 120) days after the conclusion of each fiscal year, each
State-supported institution of higher learning must provide, through the
Illinois Board of Higher Education, a financial report to the Governor and
General Assembly documenting the institution's revenues and expenditures of
funds for that fiscal year ending June 30 for all funds.
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| | A BILL FOR |
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| | HB2720 | | LRB101 06617 RJF 51644 b |
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| 1 | | AN ACT concerning finance.
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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 State Finance Act is amended by changing |
| 5 | | Section 13.5 as follows:
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| 6 | | (30 ILCS 105/13.5)
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| 7 | | Sec. 13.5. Appropriations for education.
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| 8 | | (a) Except for the State fiscal year beginning on July 1, |
| 9 | | 2009, State appropriations to
the State Board of Education,
the |
| 10 | | Board of Trustees of Southern Illinois
University, the Board of |
| 11 | | Trustees of the University of Illinois, the Board of
Trustees |
| 12 | | of Chicago State University, the Board of Trustees of Eastern |
| 13 | | Illinois
University, the Board of Trustees of Illinois State |
| 14 | | University, the Board of
Trustees of Governors State |
| 15 | | University, the Board of Trustees of Northeastern
Illinois |
| 16 | | University, the Board of Trustees of Northern Illinois |
| 17 | | University, and
the Board of Trustees of Western Illinois |
| 18 | | University for operations shall
identify the amounts |
| 19 | | appropriated for personal services, State contributions to
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| 20 | | social security for Medicare, contractual services, travel, |
| 21 | | commodities,
equipment, operation of automotive equipment, |
| 22 | | telecommunications, awards and
grants, and permanent |
| 23 | | improvements.
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