ICCB REVOLVING FUND

Amends the Public Community College Act. Deletes provisions requiring a monthly transfer into the AFDC Opportunities Fund of all amounts established and maintained in the Employment and Training Fund under the Illinois Public Aid Code. Creates the ICCB Instructional Development and Enhancement Applications Revolving Fund as a special fund in the State treasury. Requires the State Board to deposit into the Fund moneys received from the sale of instructional technology developed by the State Board. Requires all moneys in the Fund to be used by the State Board, subject to appropriation by the General Assembly, for costs associated with maintaining and updating that technology. Amends the State Finance Act to establish the ICCB Instructional Development and Enhancement Applications Revolving Fund. Amends the Public Community College Act and the State Finance Act to repeal the Video Conferencing User Fund. Effective immediately.