98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB0003
 
Introduced 1/9/2013, by Rep. Linda Chapa LaVia
 
SYNOPSIS AS INTRODUCED:
 

 
  
105 ILCS 5/17-2A  from Ch. 122, par. 17-2A

     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. Effective immediately.
  


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A BILL FOR
 

  
HB0003LRB098 02688 NHT 32694 b


  
1    AN ACT concerning education.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The School Code is amended  by changing Section 
517-2A as follows:
 



6    (105 ILCS 5/17-2A)  (from Ch. 122, par. 17-2A)



7    Sec. 17-2A. Interfund Transfers. The school board of any 
8district having a population of less than
500,000 inhabitants 
9may, by proper resolution following a public hearing
set by the 
10school board or the president of the school board
(that is 
11preceded (i) by at least one published notice over the name of

12the clerk
or secretary of the board, occurring at least 7 days 
13and not more than 30
days
prior to the hearing, in a newspaper 
14of general circulation within the
school
district and (ii) by 
15posted notice over the name of the clerk or secretary of
the 
16board, at least 48 hours before the hearing, at the principal 
17office of the
school board or at the building where the hearing 
18is to be held if a principal
office does not exist, with both 
19notices setting forth the time, date, place,
and subject matter 
20of the
hearing), transfer money from (1) the Educational Fund 
21to the Operations
and
Maintenance Fund or the Transportation 
22Fund, (2) the Operations and
Maintenance Fund to the 
23Educational Fund or the Transportation Fund, or (3) the

 
 
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1Transportation Fund to the Educational Fund or the Operations 
2and Maintenance
Fund of said
district,
provided that, except 
3during the period from July 1, 2003 through June 30,
2016 2013, 
4such transfer is made solely for the purpose of meeting 
5one-time,
non-recurring expenses.  Except during the period 
6from July 1, 2003 through
June 30, 2016 2013, any other 
7permanent interfund transfers authorized
by any provision or 
8judicial interpretation of this Code for which the
transferee 
9fund is not precisely and specifically set forth in the 
10provision of
this Code authorizing such transfer shall be made 
11to the fund of the school
district most in need of the funds 
12being transferred, as determined by
resolution of the school 
13board.

14(Source: P.A. 95-53, eff. 8-10-07; 96-1201, eff. 7-22-10.)

 
 
15    Section 99. Effective date. This Act takes effect upon 
16becoming law.