Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
8.1 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
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| Bill | SCH CD-CASH AND FUNDS | 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. | us/states/il | Illinois General Assembly | 103rd | SB 1994 | Illinois SB 1994 (103rd) |
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enacted |
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6 | 49 | 7 | 2023-02-09 | 2023-07-28 | openstates | ocd-bill/a9e4c2ef-e01e-4a2f-9189-902451823482 | https://beta.ilga.gov/Legislation/BillStatus?DocNum=1994&GAID=17&DocTypeID=SB&LegId=146857&SessionID=112 | 93b88e9acc551561044da0679910f13df83d153d735e4e0868ecbc889aa6301a | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois SB 1994 (103rd) — SCH CD-CASH AND FUNDS
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.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Introduced (filed) — source
- Engrossed (committee substitute) — source
- House Amendment 001 (committee substitute) — source
- Senate Amendment 001 (committee substitute) — source
- Senate Amendment 002 (committee substitute) — source
- Enrolled (enrolled) — source
Votes
- Third Reading — 113–0 (pass) · lower
- Elem Sec Ed: Adm., Lic. & Charter — 9–0 (pass) · lower
- Third Reading — 55–0 (pass) · lower
- Education, Amendment 2 — 10–1 (pass) · lower
- Concurrence — 57–0 (pass) · lower
- Education — 10–0 (pass) · lower
- Education — 12–0 (pass) · lower
Sponsors
- Lance Yednock — primary (person)
- Meg Loughran Cappel — primary (person)
- Natalie A. Manley — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2023-02-09 Filed with Secretary by Sen. Meg Loughran Cappel
filing - 2023-02-09 First Reading
reading-1 - 2023-02-09 Referred to Assignments
- 2023-02-21 Assigned to Education
referral-committee - 2023-03-08 Do Pass Education; 010-000-000
- 2023-03-08 Placed on Calendar Order of 2nd Reading March 9, 2023
reading-2 - 2023-03-21 Senate Floor Amendment No. 1 Filed with Secretary by Sen. Meg Loughran Cappel
amendment-introduction - 2023-03-21 Senate Floor Amendment No. 1 Referred to Assignments
- 2023-03-28 Senate Floor Amendment No. 2 Filed with Secretary by Sen. Meg Loughran Cappel
amendment-introduction - 2023-03-28 Senate Floor Amendment No. 2 Referred to Assignments
- 2023-03-28 Second Reading
reading-2 - 2023-03-28 Placed on Calendar Order of 3rd Reading March 29, 2023
- 2023-03-28 Senate Floor Amendment No. 1 Assignments Refers to Education
- 2023-03-28 Senate Floor Amendment No. 2 Assignments Refers to Education
- 2023-03-29 Senate Floor Amendment No. 1 Postponed - Education
- 2023-03-29 Senate Floor Amendment No. 2 Recommend Do Adopt Education; 010-001-002
- 2023-03-30 Recalled to Second Reading
reading-2 - 2023-03-30 Senate Floor Amendment No. 2 Adopted; Loughran-Cappel
amendment-passage - 2023-03-30 Placed on Calendar Order of 3rd Reading
- 2023-03-30 Third Reading - Passed; 055-000-000
passage, reading-3 - 2023-03-30 Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
amendment-failure - 2023-03-31 Arrived in House
introduction - 2023-03-31 Chief House Sponsor Rep. Lance Yednock
- 2023-04-11 First Reading
reading-1 - 2023-04-11 Referred to Rules Committee
- 2023-04-18 Assigned to Elementary & Secondary Education: Administration, Licensing & Charter Schools
referral-committee - 2023-04-19 House Committee Amendment No. 1 Filed with Clerk by Rep. Lance Yednock
amendment-introduction - 2023-04-19 House Committee Amendment No. 1 Referred to Rules Committee
- 2023-04-25 House Committee Amendment No. 1 Rules Refers to Elementary & Secondary Education: Administration, Licensing & Charter Schools
- 2023-04-26 House Committee Amendment No. 1 Adopted in Elementary & Secondary Education: Administration, Licensing & Charter Schools; by Voice Vote
amendment-passage - 2023-04-26 Do Pass as Amended / Short Debate Elementary & Secondary Education: Administration, Licensing & Charter Schools; 009-000-000
- 2023-04-27 Placed on Calendar 2nd Reading - Short Debate
reading-2 - 2023-04-27 Added Alternate Chief Co-Sponsor Rep. Natalie A. Manley
- 2023-05-04 Second Reading - Short Debate
reading-2 - 2023-05-04 Placed on Calendar Order of 3rd Reading - Short Debate
- 2023-05-10 Third Reading - Short Debate - Passed 113-000-000
passage, reading-3 - 2023-05-11 Secretary's Desk - Concurrence House Amendment(s) 1
- 2023-05-11 Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 15, 2023
- 2023-05-16 House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Meg Loughran Cappel
filing - 2023-05-16 House Committee Amendment No. 1 Motion to Concur Referred to Assignments
- 2023-05-16 House Committee Amendment No. 1 Motion to Concur Assignments Referred to Education
- 2023-05-16 House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Education; 012-000-000
- 2023-05-19 House Committee Amendment No. 1 Senate Concurs 057-000-000
- 2023-05-19 Senate Concurs
- 2023-05-19 Passed Both Houses
- 2023-06-16 Sent to the Governor
executive-receipt - 2023-07-28 Governor Approved
executive-signature - 2023-07-28 Effective Date July 28, 2023
- 2023-07-28 Public Act . . . . . . . . . 103-0394
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/a9e4c2ef-e01e-4a2f-9189-902451823482. Confidence: reported (aggregated from official Illinois legislature records).