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Amends the Treasurers Article of the School Code. Removes provisions allowing the school treasurer to execute a bond with 2 or more persons having an interest in real estate who are not trustees before beginning the treasurer's duties. Provides that, for those school districts that have a designation of recognition or review according to the State Board of Education's School District Financial Profile System, the…
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Amends the Treasurers Article of the School Code. Removes provisions allowing the school treasurer to execute a bond with 2 or more persons having an interest in real estate who are not trustees before beginning the treasurer's duties. Provides that, for those school districts that have a designation of recognition or review according to the State Board of Education's School District Financial Profile System, the penalty of the bond shall be determined by the school board in an amount no less than 10% of the amount of all bonds, notes, mortgages, moneys and effects the treasurer will have custody over as measured by specified provisions (rather than an initial penalty of 25% with the penalty increasing and decreasing based on specified factors, but not higher than 25%). Provides that, for those districts that have no designation of recognition or review, then the penalty shall be 25%. Amends the Debt Limitation Article of the School Code to make conforming changes. Effective immediately.
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33 steps, oldest first, as the legislature records them.
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HouseFiled with the Clerk by Rep. Janet Yang Rohr
HouseFirst Reading
CommitteeReferred to Rules Committee · House Rules
CommitteeAssigned to Elementary & Secondary Education: Administration, Licensing & Charter Schools · House Elem Sec Ed: Adm., Lic. & Charter
CommitteeDo Pass / Short Debate Elementary & Secondary Education: Administration, Licensing & Charter Schools; 006-003-000 · House Elem Sec Ed: Adm., Lic. & Charter
HousePlaced on Calendar 2nd Reading - Short Debate
HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Janet Yang Rohr
CommitteeHouse Floor Amendment No. 1 Referred to Rules Committee · House Rules
HouseAdded Chief Co-Sponsor Rep. Anne Stava-Murray
CommitteeHouse Floor Amendment No. 1 Rules Refers to Elementary & Secondary Education: Administration, Licensing & Charter Schools · House Elem Sec Ed: Adm., Lic. & Charter
HouseAdded Chief Co-Sponsor Rep. Terra Costa Howard
CommitteeHouse Floor Amendment No. 1 Recommends Be Adopted Elementary & Secondary Education: Administration, Licensing & Charter Schools; 008-000-000 · House Elem Sec Ed: Adm., Lic. & Charter
HouseAdded Co-Sponsor Rep. William "Will" Davis
HouseSecond Reading - Short Debate
HouseHouse Floor Amendment No. 1 Adopted
HousePlaced on Calendar Order of 3rd Reading - Short Debate
HouseThird Reading - Short Debate - Passed 071-035-000
SenateArrive in Senate
SenatePlaced on Calendar Order of First Reading
SenateChief Senate Sponsor Sen. Laura Ellman
SenateFirst Reading
CommitteeReferred to Assignments · Senate Assignments
