92nd General Assembly
Summary of HB2514
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House Sponsors:

Short description: 
METRO EAST ACADEMY DISTRICT                                                

Synopsis of Bill as introduced:
        Creates the Metro East Academy District Act,  and  provides  that      
   the  territory  of  the  District consists of the contiguous territory      
   within the boundaries of Madison and St. Clair Counties.    Makes  the      
   primary  purpose  of  the  District the establishment and operation of      
   academic centers of excellence, technology and research  centers,  and      
   educational   resource   centers,   including  teaching  and  training      
   facilities for teachers, administrators, and other educators, computer      
   technology and distance  learning  and  telecommunication  facilities,      
   laboratories,  libraries, and related educational resource facilities.      
   Provides for a 9 member Commission, with 4 of those members appointed       
   by  the  Governor  (one  of  whom  shall  be representative of private      
   industry).  Makes the  regional  superintendents  of  schools  of  the      
   Madison  County  and  St.  Clair  County  educational  service regions      
   ex-officio members of the Commission, and provides that  the  3  other      
   members  shall  be  appointed,  one  each,  by  the  Mayor of Cahokia,      
   Illinois and the chairpersons of the County Boards of Madison and  St.      
   Clair Counties.  Empowers the Authority to acquire and to sell, lease,      
   and  provide  for  the  development  of real property in the District.      
   Authorizes the  Commission  to  issue  revenue  bonds.   Provides  for      
   deposit  into the Metro East Academy Commission Income Fund created in      
   the State Treasury moneys and revenues received by the Commission that      
   are in excess of a prescribed amount and  that  are  not  required  to      
   satisfy  revenue  bond  obligations  and  authorized  development  and      
   operating   expenditures   of  the  Commission.   Adds  other  related      
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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