SB 1994 Illinois Senate · 103rd Regular Session

SCH CD-CASH AND FUNDS

Summary

Amends the School Code. In provisions concerning custody of school funds, provides that each school district and school board must submit a quarterly report to the State Board of Education that contains information regarding (1) the amount of funds that each school district has in its reserves, (2) the amount of funds that each school district has in its investments, and (3) the number of days that each school district has cash on hand. Requires each school district and school board to publish and maintain the information in each quarterly report on its Internet website. Provides that any school district or school board reporting more than 250 days cash on hand shall spend any excess cash on hand funds beyond the 250 days on educational services, including hiring teachers, paraprofessionals, nurses, librarians, social workers, counselors, or psychologists. Effective immediately.

Bill status signed all 4 stages cleared

Introduction

Mar 2023

Committee Review

May 2023

House Passage

May 2023

Signed into Law

Jul 2023

Introduced Mar 31, 2023 Signed Jul 28, 2023

Floor votes · House May 10, 2023

How they voted

112–0

Passed · 4 other

Total votes 116

May 10, 2023

D Democratic76

73 Yea 3

96% Yea

R Republican40

39 Yea 1

97% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jul 28, 2023

Signed into law

Governor Approved

lower

May 19, 2023

Lower · Passed

Passed Both Houses

lower

May 19, 2023

Lower · Passed

House Committee Amendment No. 1 Senate Concurs 057-000-000

lower

May 16, 2023

Lower · Passed

House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Education; 012-000-000

lower

May 16, 2023

Committee

House Committee Amendment No. 1 Motion to Concur Assignments Referred to Education

lower

May 16, 2023

Committee

House Committee Amendment No. 1 Motion to Concur Referred to Assignments

lower

May 11, 2023

Introduced

Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 15, 2023

lower

May 11, 2023

Introduced

Secretary's Desk - Concurrence House Amendment(s) 1

lower

May 10, 2023

Lower · Passed

Third Reading - Short Debate - Passed 113-000-000

lower

Apr 26, 2023

Lower · Passed

Do Pass as Amended / Short Debate Elementary & Secondary Education: Administration, Licensing & Charter Schools; 009-000-000

lower

Apr 26, 2023

Lower · Passed

House Committee Amendment No. 1 Adopted in Elementary & Secondary Education: Administration, Licensing & Charter Schools; by Voice Vote

lower

Apr 25, 2023

Lower · Passed

House Committee Amendment No. 1 Rules Refers to Elementary & Secondary Education: Administration, Licensing & Charter Schools

lower

Apr 19, 2023

Committee

House Committee Amendment No. 1 Referred to Rules Committee

lower

Apr 19, 2023

Introduced

House Committee Amendment No. 1 Filed with Clerk by Rep. Lance Yednock

lower

Apr 18, 2023

Committee

Assigned to Elementary & Secondary Education: Administration, Licensing & Charter Schools

lower

Apr 11, 2023

Committee

Referred to Rules Committee

lower

Mar 31, 2023

Introduced

Arrived in House

lower

Mar 30, 2023

Amended

Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)

lower

Mar 30, 2023

Lower · Passed

Third Reading - Passed; 055-000-000

lower

Mar 30, 2023

Lower · Passed

Senate Floor Amendment No. 2 Adopted; Loughran-Cappel

lower

Mar 29, 2023

Introduced

Senate Floor Amendment No. 2 Recommend Do Adopt Education; 010-001-002

lower

Mar 29, 2023

Introduced

Senate Floor Amendment No. 1 Postponed - Education

lower

Mar 28, 2023

Introduced

Senate Floor Amendment No. 2 Assignments Refers to Education

lower

Mar 28, 2023

Introduced

Senate Floor Amendment No. 1 Assignments Refers to Education

lower

Mar 28, 2023

Committee

Senate Floor Amendment No. 2 Referred to Assignments

lower

Mar 28, 2023

Introduced

Senate Floor Amendment No. 2 Filed with Secretary by Sen. Meg Loughran Cappel

lower

Mar 21, 2023

Committee

Senate Floor Amendment No. 1 Referred to Assignments

lower

Mar 21, 2023

Introduced

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Meg Loughran Cappel

lower

Mar 8, 2023

Lower · Passed

Do Pass Education; 010-000-000

lower

Feb 21, 2023

Committee

Assigned to Education

lower

Feb 9, 2023

Committee

Referred to Assignments

lower

2 primary · 1 co-sponsor