Public Act 095-0835
 
HB4522 Enrolled LRB095 17707 NHT 43782 b

    AN ACT concerning education.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The State Finance Act is amended by changing
Section 8a as follows:
 
    (30 ILCS 105/8a)   (from Ch. 127, par. 144a)
    Sec. 8a. Common School Fund; transfers to Common School
Fund and Education Assistance Fund.
    (a) Except as provided in subsection (b) of this Section
and except as otherwise provided in this subsection (a) with
respect to amounts transferred from the General Revenue Fund to
the Common School Fund for distribution therefrom for the
benefit of the Teachers' Retirement System of the State of
Illinois and the Public School Teachers' Pension and Retirement
Fund of Chicago:
        (1) With respect to all school districts, for each
    fiscal year before fiscal year 2009, other than fiscal year
    1994, on or before the eleventh and twenty-first days of
    each of the months of August through the following July, at
    a time or times designated by the Governor, the State
    Treasurer and the State Comptroller shall transfer from the
    General Revenue Fund to the Common School Fund and
    Education Assistance Fund, as appropriate, 1/24 or so much
    thereof as may be necessary of the amount appropriated to
    the State Board of Education for distribution to all school
    districts from such Common School Fund and Education
    Assistance Fund, for the fiscal year, including interest on
    the School Fund proportionate for that distribution for
    such year.
        (1.5) With respect to all school districts, for fiscal
    year 2009 and each fiscal year thereafter, on or before the
    11th and 21st days of each of the months of August through
    the following June, at a time or times designated by the
    Governor, the State Treasurer and the State Comptroller
    shall transfer from the General Revenue Fund to the Common
    School Fund and Education Assistance Fund, as appropriate,
    1/22 or so much thereof as may be necessary of the amount
    appropriated to the State Board of Education for
    distribution to all school districts from the Common School
    Fund and Education Assistance Fund, for the fiscal year,
    including interest on the Common School Fund proportionate
    for that distribution for that year.
        (2) With respect to all school districts, but for
    fiscal year 1994 only, on the 11th day of August, 1993 and
    on or before the 11th and 21st days of each of the months
    of October, 1993 through July, 1994 at a time or times
    designated by the Governor, the State Treasurer and the
    State Comptroller shall transfer from the General Revenue
    Fund to the Common School Fund 1/24 or so much thereof as
    may be necessary of the amount appropriated to the State
    Board of Education for distribution to all school districts
    from such Common School Fund, for fiscal year 1994,
    including interest on the School Fund proportionate for
    that distribution for such year; and on or before the 21st
    day of August, 1993 at a time or times designated by the
    Governor, the State Treasurer and the State Comptroller
    shall transfer from the General Revenue Fund to the Common
    School Fund 3/24 or so much thereof as may be necessary of
    the amount appropriated to the State Board of Education for
    distribution to all school districts from the Common School
    Fund, for fiscal year 1994, including interest
    proportionate for that distribution on the School Fund for
    such fiscal year.
    The amounts of the payments made in July of each year, if
required: (i) shall be considered an outstanding liability as
of the 30th day of June immediately preceding those July
payments, within the meaning of Section 25 of this Act; (ii)
shall be payable from the appropriation for the fiscal year
that ended on that 30th day of June; and (iii) shall be
considered payments for claims covering the school year that
commenced during the immediately preceding calendar year.
    Notwithstanding the foregoing provisions of this
subsection, as soon as may be after the 10th and 20th days of
each of the months of August through May, 1/24, and on or as
soon as may be after the 10th and 20th days of June, 1/12 of the
annual amount appropriated to the State Board of Education for
distribution and payment during that fiscal year from the
Common School Fund to and for the benefit of the Teachers'
Retirement System of the State of Illinois (until the end of
State fiscal year 1995) and the Public School Teachers' Pension
and Retirement Fund of Chicago as provided by the Illinois
Pension Code and Section 18-7 of the School Code, or so much
thereof as may be necessary, shall be transferred by the State
Treasurer and the State Comptroller from the General Revenue
Fund to the Common School Fund to permit semi-monthly payments
from the Common School Fund to and for the benefit of such
teacher retirement systems as required by Section 18-7 of the
School Code.
    Notwithstanding the other provisions of this Section, on or
as soon as may be after the 15th day of each month, beginning
in July of 1995, 1/12 of the annual amount appropriated for
that fiscal year from the Common School Fund to the Teachers'
Retirement System of the State of Illinois (other than amounts
appropriated under Section 1.1 of the State Pension Funds
Continuing Appropriation Act), or so much thereof as may be
necessary, shall be transferred by the State Treasurer and the
State Comptroller from the General Revenue Fund to the Common
School Fund to permit monthly payments from the Common School
Fund to that retirement system in accordance with Section
16-158 of the Illinois Pension Code and Section 18-7 of the
School Code, except that such transfers in fiscal year 2004
from the General Revenue Fund to the Common School Fund for the
benefit of the Teachers' Retirement System of the State of
Illinois shall be reduced in the aggregate by the State
Comptroller and State Treasurer to adjust for the amount
transferred to the Teachers' Retirement System of the State of
Illinois pursuant to subsection (a) of Section 6z-61. Amounts
appropriated to the Teachers' Retirement System of the State of
Illinois under Section 1.1 of the State Pension Funds
Continuing Appropriation Act shall be transferred by the State
Treasurer and the State Comptroller from the General Revenue
Fund to the Common School Fund as necessary to provide for the
payment of vouchers drawn against those appropriations.
    The Governor may notify the State Treasurer and the State
Comptroller to transfer, at a time designated by the Governor,
such additional amount as may be necessary to effect advance
distribution to school districts of amounts that otherwise
would be payable in the next month pursuant to Sections 18-8.05
through 18-9 of the School Code. The State Treasurer and the
State Comptroller shall thereupon transfer such additional
amount. The aggregate amount transferred from the General
Revenue Fund to the Common School Fund in the eleven months
beginning August 1 of any fiscal year shall not be in excess of
the amount necessary for payment of claims certified by the
State Superintendent of Education pursuant to the
appropriation of the Common School Fund for that fiscal year.
Notwithstanding the provisions of the first paragraph in this
section, no transfer to effect an advance distribution shall be
made in any month except on notification, as provided above, by
the Governor.
    The State Comptroller and State Treasurer shall transfer
from the General Revenue Fund to the Common School Fund and the
Education Assistance Fund such amounts as may be required to
honor the vouchers presented by the State Board of Education
pursuant to Sections 18-3, 18-4.3, 18-5, 18-6 and 18-7 of the
School Code.
    The State Comptroller shall report all transfers provided
for in this Act to the President of the Senate, Minority Leader
of the Senate, Speaker of the House, and Minority Leader of the
House.
    (b) On or before the 11th and 21st days of each of the
months of June, 1982 through July, 1983, at a time or times
designated by the Governor, the State Treasurer and the State
Comptroller shall transfer from the General Revenue Fund to the
Common School Fund 1/24 or so much thereof as may be necessary
of the amount appropriated to the State Board of Education for
distribution from such Common School Fund, for that same fiscal
year, including interest on the School Fund for such year. The
amounts of the payments in the months of July, 1982 and July,
1983 shall be considered an outstanding liability as of the
30th day of June immediately preceding such July payment,
within the meaning of Section 25 of this Act, and shall be
payable from the appropriation for the fiscal year which ended
on such 30th day of June, and such July payments shall be
considered payments for claims covering school years 1981-1982
and 1982-1983 respectively.
    In the event the Governor makes notification to effect
advanced distribution under the provisions of subsection (a) of
this Section, the aggregate amount transferred from the General
Revenue Fund to the Common School Fund in the 12 months
beginning August 1, 1981 or the 12 months beginning August 1,
1982 shall not be in excess of the amount necessary for payment
of claims certified by the State Superintendent of Education
pursuant to the appropriation of the Common School Fund for the
fiscal years commencing on the first of July of the years 1981
and 1982.
(Source: P.A. 93-665, eff. 3-5-04; 94-1105, eff. 6-1-07.)
 
    Section 10. The School Code is amended by changing Section
18-11 as follows:
 
    (105 ILCS 5/18-11)  (from Ch. 122, par. 18-11)
    Sec. 18-11. Payment of claims.
    (a) With respect to payments for each fiscal year before
fiscal year 2009, except payments for the period of June 1982
through July 1983 and payments for fiscal year 1994, as As soon
as may be after the 10th and 20th days of each of the months of
August through the following July, if moneys are available in
the common school fund in the State treasury for payments under
Sections 18-8.05 through 18-9, the State Comptroller shall draw
his warrants upon the State Treasurer as directed by the State
Board of Education pursuant to Section 2-3.17b and in
accordance with the transfers from the General Revenue Fund to
the Common School Fund as specified in Section 8a of the State
Finance Act.
    Each such semimonthly warrant shall be in an amount equal
to 1/24 of the total amount to be distributed to school
districts for the fiscal year. The amount of payments made in
July of each year shall be considered as payments for claims
covering the school year that commenced during the immediately
preceding calendar year. If the payments provided for under
Sections 18-8.05 through 18-9 have been assigned as security
for State aid anticipation certificates pursuant to Section
18-18, the State Board of Education shall pay the appropriate
amount of the payment, as specified in the notification
required by Section 18-18, directly to the assignee.
    (a-5) With respect to payments made under Sections 18-8.05
through 18-10 of this Code for fiscal year 2009 and each fiscal
year thereafter, as soon as may be after the 10th and 20th days
of each of the months of August through the following June, if
moneys are available in the Common School Fund in the State
treasury for payments under Sections 18-8.05 through 18-10 of
this Code, the State Comptroller shall draw his or her warrants
upon the State Treasurer as directed by the State Board of
Education pursuant to Section 2-3.17b of this Code and in
accordance with the transfers from the General Revenue Fund to
the Common School Fund as specified in Section 8a of the State
Finance Act.
    Each such semimonthly warrant shall be in an amount equal
to 1/22 of the total amount to be distributed to school
districts for the fiscal year. If the payments provided for
under Sections 18-8.05 through 18-10 of this Code have been
assigned as security for State aid anticipation certificates
pursuant to Section 18-18 of this Code, then the State Board of
Education shall pay the appropriate amount of the payment, as
specified in the notification required by Section 18-18 of this
Code, directly to the assignee.
    (b) (Blank).
    (c) (Blank).
(Source: P.A. 94-1105, eff. 6-1-07; 95-496, eff. 8-28-07.)
 
    Section 99. Effective date. This Act takes effect July 1,
2008.

Effective Date: 8/15/2008