HB 1263 Illinois House · 93rd Regular Session

UNIV INCOME-PAY INTO ST TREAS

Summary

Amends the State Finance Act. Provides that certain items of income received by a public university that are currently retained by the university in a University Income Fund shall instead be deposited into a special fund in the State treasury. Applies to moneys received by a University on or after July 1, 2003; does not affect the moneys received by a University before July 1, 2003. Makes a related change in the State Universities Article of the Pension Code. Effective immediately.

Bill status failed 1 of 4 stages cleared

Introduction

Feb 2003

Committee Review

Floor Vote

Governor

Introduced Feb 20, 2003 Last action Jan 11, 2005

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Full legislative history

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Committee

Jan 11, 2005

House · Failed

Session Sine Die

May 2, 2003

House · Referred to committee

Rule 19(a) / Re-referred to Rules Committee

Mar 13, 2003

House · Reported by committee

Committee Deadline Extended-Rule 9(b) April 4, 2003

Mar 5, 2003

House · Referred to committee

Assigned to Appropriations-Higher Education Committee

Feb 5, 2003

House · Referred to committee

Referred to Rules Committee

0 primary · 1 co-sponsor