Fabio
101 lines
6.7 KiB
Markdown
101 lines
6.7 KiB
Markdown
---
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type: "Bill"
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title: "SCH CD-SCH TRUSTEE BOND"
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description: "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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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "103rd"
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identifier: "HB 3523"
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citation: "Illinois HB 3523 (103rd)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Janet Yang Rohr", "Laura Ellman"]
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version_count: 4
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action_count: 33
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vote_count: 5
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first_action: "2023-02-17"
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last_action: "2023-06-09"
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source: "openstates"
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source_identifier: "ocd-bill/7a1517de-9142-49cb-8fb8-0d0ff644415f"
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source_url: "https://beta.ilga.gov/Legislation/BillStatus?DocNum=3523&GAID=17&DocTypeID=HB&LegId=148692&SessionID=112"
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source_hash: "66cd0f4ded0e533d714180ffeffb5c2f69a485e9f163b26a8c53e14c65695e8e"
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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 3523 (103rd) — SCH CD-SCH TRUSTEE BOND
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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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## 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://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB3523.pdf)
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2. **Engrossed** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB3523eng.pdf)
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3. **House Amendment 001** (committee substitute) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB3523ham001.pdf)
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4. **Enrolled** (enrolled) — [source](https://beta.ilga.gov/documents/legislation/103/HB/PDF/10300HB3523enr.pdf)
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## Votes
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- Elem Sec Ed: Adm., Lic. & Charter, Amendment 1 — **8–0** (pass) · lower
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- Third Reading — **71–35** (pass) · lower
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- Education — **11–0** (pass) · lower
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- Third Reading — **55–0** (pass) · lower
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- Elem Sec Ed: Adm., Lic. & Charter — **6–3** (pass) · lower
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## Sponsors
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- Janet Yang Rohr — primary (person)
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- Laura Ellman — primary (person)
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- Anne Stava-Murray — cosponsor (person)
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- Terra Costa Howard — cosponsor (person)
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- William "Will" Davis — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-02-17** Filed with the Clerk by Rep. Janet Yang Rohr `filing`
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- **2023-02-17** First Reading `reading-1`
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- **2023-02-17** Referred to Rules Committee
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- **2023-02-28** Assigned to Elementary & Secondary Education: Administration, Licensing & Charter Schools `referral-committee`
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- **2023-03-08** Do Pass / Short Debate Elementary & Secondary Education: Administration, Licensing & Charter Schools; 006-003-000
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- **2023-03-10** Placed on Calendar 2nd Reading - Short Debate `reading-2`
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- **2023-03-15** House Floor Amendment No. 1 Filed with Clerk by Rep. Janet Yang Rohr `amendment-introduction`
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- **2023-03-15** House Floor Amendment No. 1 Referred to Rules Committee
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- **2023-03-16** Added Chief Co-Sponsor Rep. Anne Stava-Murray
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- **2023-03-20** House Floor Amendment No. 1 Rules Refers to Elementary & Secondary Education: Administration, Licensing & Charter Schools
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- **2023-03-21** Added Chief Co-Sponsor Rep. Terra Costa Howard
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- **2023-03-22** House Floor Amendment No. 1 Recommends Be Adopted Elementary & Secondary Education: Administration, Licensing & Charter Schools; 008-000-000 `committee-passage-favorable`
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- **2023-03-22** Added Co-Sponsor Rep. William "Will" Davis
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- **2023-03-22** Second Reading - Short Debate `reading-2`
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- **2023-03-22** House Floor Amendment No. 1 Adopted `amendment-passage`
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- **2023-03-22** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2023-03-23** Third Reading - Short Debate - Passed 071-035-000 `passage, reading-3`
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- **2023-03-27** Arrive in Senate `introduction`
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- **2023-03-27** Placed on Calendar Order of First Reading `reading-1`
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- **2023-03-27** Chief Senate Sponsor Sen. Laura Ellman
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- **2023-03-27** First Reading `reading-1`
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- **2023-03-27** Referred to Assignments
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- **2023-04-12** Assigned to Education `referral-committee`
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- **2023-04-19** Do Pass Education; 011-000-000
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- **2023-04-19** Placed on Calendar Order of 2nd Reading April 20, 2023 `reading-2`
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- **2023-04-20** Second Reading `reading-2`
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- **2023-04-20** Placed on Calendar Order of 3rd Reading April 25, 2023
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- **2023-05-04** Third Reading - Passed; 055-000-000 `passage, reading-3`
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- **2023-05-04** Passed Both Houses
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- **2023-06-02** Sent to the Governor `executive-receipt`
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- **2023-06-09** Governor Approved `executive-signature`
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- **2023-06-09** Effective Date June 9, 2023
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- **2023-06-09** Public Act . . . . . . . . . 103-0049 `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/7a1517de-9142-49cb-8fb8-0d0ff644415f`. Confidence: reported (aggregated from official Illinois legislature records).
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