5941153bb7
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
90 lines
4.5 KiB
Markdown
90 lines
4.5 KiB
Markdown
---
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type: "Bill"
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title: "SBE SPEC TRUST FUND-ROYALTIES"
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description: "Amends the School Code to require the State Board of Education to deposit any royalty payments received as a result of licensing agreements or any other agreements entered into by the State Board of Education, unless specifically directed to be deposited into other funds, into the State Board of Education Special Purpose Trust Fund. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "102nd"
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identifier: "HB 5003"
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citation: "Illinois HB 5003 (102nd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Lance Yednock", "Patrick J. Joyce"]
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version_count: 3
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action_count: 28
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vote_count: 2
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first_action: "2022-01-26"
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last_action: "2022-05-13"
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source: "openstates"
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source_identifier: "ocd-bill/c86c740d-c8c8-42f2-879d-005e5f80cbd7"
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source_url: "https://ilga.gov/legislation/BillStatus.asp?DocNum=5003&GAID=16&DocTypeID=HB&LegId=139479&SessionID=110&GA=102"
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source_hash: "d37da9fe946a72aeea9122fce35dd3df0f1f6bf4772f1bc5d94650646aa99f1a"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 5003 (102nd) — SBE SPEC TRUST FUND-ROYALTIES
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Amends the School Code to require the State Board of Education to deposit any royalty payments received as a result of licensing agreements or any other agreements entered into by the State Board of Education, unless specifically directed to be deposited into other funds, into the State Board of Education Special Purpose Trust Fund. Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB5003.pdf)
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2. **Engrossed** (committee substitute) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB5003eng.pdf)
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3. **Enrolled** (enrolled) — [source](https://ilga.gov/legislation/102/HB/PDF/10200HB5003enr.pdf)
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## Votes
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- Third Reading — **56–0** (pass) · upper
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- Third Reading — **104–0** (pass) · lower
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## Sponsors
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- Lance Yednock — primary (person)
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- Patrick J. Joyce — primary (person)
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- Christopher Belt — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-01-26** Filed with the Clerk by Rep. Lance Yednock `filing`
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- **2022-01-27** First Reading `reading-1`
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- **2022-01-27** Referred to Rules Committee `referral-committee`
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- **2022-02-09** Assigned to Elementary & Secondary Education: Administration, Licensing & Charter Schools `referral-committee`
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- **2022-02-16** Do Pass / Consent Calendar Elementary & Secondary Education: Administration, Licensing & Charter Schools; 009-000-000 `committee-passage`
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- **2022-02-17** Placed on Calendar 2nd Reading - Consent Calendar
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- **2022-03-01** Second Reading - Consent Calendar `reading-2`
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- **2022-03-01** Held on Calendar Order of Second Reading - Consent Calendar `reading-2`
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- **2022-03-02** Placed on Calendar Order of 3rd Reading - Consent Calendar
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- **2022-03-03** Third Reading - Consent Calendar - First Day `reading-3`
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- **2022-03-04** Third Reading - Consent Calendar - Passed 104-000-000 `passage, reading-3`
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- **2022-03-07** Arrive in Senate `introduction`
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- **2022-03-07** Placed on Calendar Order of First Reading `reading-1`
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- **2022-03-07** Chief Senate Sponsor Sen. Patrick J. Joyce
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- **2022-03-07** First Reading `reading-1`
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- **2022-03-07** Referred to Assignments `referral-committee`
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- **2022-03-16** Assigned to Education `referral-committee`
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- **2022-03-22** Added as Alternate Chief Co-Sponsor Sen. Christopher Belt
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- **2022-03-23** Do Pass Education; 012-000-000 `committee-passage`
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- **2022-03-23** Placed on Calendar Order of 2nd Reading
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- **2022-03-24** Second Reading `reading-2`
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- **2022-03-24** Placed on Calendar Order of 3rd Reading March 25, 2022
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- **2022-03-30** Third Reading - Passed; 056-000-000 `passage, reading-3`
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- **2022-03-30** Passed Both Houses
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- **2022-04-28** Sent to the Governor `executive-receipt`
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- **2022-05-13** Governor Approved `executive-signature`
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- **2022-05-13** Effective Date May 13, 2022
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- **2022-05-13** Public Act . . . . . . . . . 102-0792 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c86c740d-c8c8-42f2-879d-005e5f80cbd7`. Confidence: reported (aggregated from official Illinois legislature records).
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