Illinois General Assembly - Full Text of SB2155
Illinois General Assembly

Previous General Assemblies

Full Text of SB2155  99th General Assembly




SB2155 EnrolledLRB099 12974 SXM 36979 b

1    AN ACT concerning finance.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Public Community College Act is amended by
5changing Section 2-15 as follows:
6    (110 ILCS 805/2-15)  (from Ch. 122, par. 102-15)
7    Sec. 2-15. Recognition. The State Board shall grant
8recognition to community colleges which maintain equipment,
9courses of study, standards of scholarship and other
10requirements set by the State Board. Application for
11recognition shall be made to the State Board. The State Board
12shall set the criteria by which the community colleges shall be
13judged and through the executive officer of the State Board
14shall arrange for an official evaluation of the community
15colleges and shall grant recognition of such community colleges
16as may meet the required standards.
17    Recognition shall include a review of compliance with
18Public Act 99-482 and other applicable State and federal laws
19regarding employment contracts and compensation. Annually, the
20State Board shall convene an advisory committee to review the
21findings and make recommendations for changes or additions to
22the laws or the review procedures.
23    If a community college district fails to meet the



SB2155 Enrolled- 2 -LRB099 12974 SXM 36979 b

1recognition standards set by the State Board, and if the
2district, in accordance with: (a) Government Auditing
3Standards issued by the Comptroller General of the United
4States, (b) auditing standards established by the American
5Institute of Certified Public Accountants, or (c) other
6applicable State and federal standards, is found by the
7district's auditor or the State Board working in cooperation
8with the district's auditor to have material deficiencies in
9the design or operation of financial control structures that
10could adversely affect the district's financial integrity and
11stability, or is found to have misused State or federal funds
12and jeopardized its participation in State or federal programs,
13the State Board may, notwithstanding any laws to the contrary,
14implement one or more of the following emergency powers:
15    (1) To direct the district to develop and implement a plan
16that addresses the budgetary, programmatic, and other relevant
17factors contributing to the need to implement emergency
18measures. The State Board shall assist in the development and
19shall have final approval of the plan.
20    (2) To direct the district to contract for educational
21services in accordance with Section 3-40. The State Board shall
22assist in the development and shall have final approval of any
23such contractual agreements.
24    (3) To approve and require revisions of the district's
26    (4) To appoint a Financial Administrator to exercise



SB2155 Enrolled- 3 -LRB099 12974 SXM 36979 b

1oversight and control over the district's budget. The Financial
2Administrator shall serve at the pleasure of the State Board
3and may be an individual, partnership, corporation, including
4an accounting firm, or other entity determined by the State
5Board to be qualified to serve, and shall be entitled to
6compensation. Such compensation shall be provided through
7specific appropriations made to the State Board for that
8express purpose.
9    (5) To develop and implement a plan providing for the
10dissolution or reorganization of the district if in the
11judgment judgement of the State Board the circumstances so
13(Source: P.A. 89-147, eff. 7-14-95.)