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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
Bill SCH CD-FINANCIAL DIFFICULTY Amends the School Code. Provides that the State Superintendent of Education may require a school district to share financial information relevant to a proper investigation of the district's financial condition and the delivery of appropriate State financial, technical, and consulting services to the district under certain circumstances. Makes other changes concerning the State Board of Education's power to certify that a district is in financial difficulty. In the School District Financial Oversight Panel and Emergency Financial Assistance Law, provides that panel members shall be paid a stipend of not more than $100 per meeting, the amount of which must be documented in the Panel's annual budget and approved by the State Superintendent. Makes changes concerning emergency financial assistance grants and loans, including having the Illinois Finance Authority provide the loans and increasing the maximum amounts for loans and grants. In the Downstate School Finance Authority for Elementary Districts Law, provides that the members of a School Finance Authority shall be paid a stipend approved by the State Superintendent of not more than $100 per meeting. Makes changes concerning emergency financial assistance, including allowing grants to be provided by the State Board and having the Illinois Finance Authority provide loans (instead of the State Board). Provides that the annual budget of a school district (other than the Chicago school district) must be balanced and must be filed with the State Board. Provides that, to the extent the budget is not balanced, the district shall also adopt and file with the State Board a deficit reduction plan to balance the district's budget within 3 years. Deletes a provision exempting a financially distressed district from the debt limit. Provides that a school district must notify the State Board prior to issuing any form of long-term or short-term debt that will result in outstanding debt that exceeds 75% of the debt limit or any other provision of law. Repeals a Section concerning financially distressed districts. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective July 1, 2006. us/states/il Illinois General Assembly 94th SB 1853 Illinois SB 1853 (94th)
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3 51 4 2005-02-25 2005-07-14 openstates ocd-bill/e417e19d-bb8d-4411-83df-a9efd64813e4 http://ilga.gov/legislation/BillStatus.asp?DocNum=1853&GAID=8&DocTypeID=SB&LegId=20227&SessionID=50&GA=94 3f814f549de2d2ede84242cda6b5c777d58cdfdc32d5f0a9263c495a3a36ee54 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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Illinois SB 1853 (94th) — SCH CD-FINANCIAL DIFFICULTY

Amends the School Code. Provides that the State Superintendent of Education may require a school district to share financial information relevant to a proper investigation of the district's financial condition and the delivery of appropriate State financial, technical, and consulting services to the district under certain circumstances. Makes other changes concerning the State Board of Education's power to certify that a district is in financial difficulty. In the School District Financial Oversight Panel and Emergency Financial Assistance Law, provides that panel members shall be paid a stipend of not more than $100 per meeting, the amount of which must be documented in the Panel's annual budget and approved by the State Superintendent. Makes changes concerning emergency financial assistance grants and loans, including having the Illinois Finance Authority provide the loans and increasing the maximum amounts for loans and grants. In the Downstate School Finance Authority for Elementary Districts Law, provides that the members of a School Finance Authority shall be paid a stipend approved by the State Superintendent of not more than $100 per meeting. Makes changes concerning emergency financial assistance, including allowing grants to be provided by the State Board and having the Illinois Finance Authority provide loans (instead of the State Board). Provides that the annual budget of a school district (other than the Chicago school district) must be balanced and must be filed with the State Board. Provides that, to the extent the budget is not balanced, the district shall also adopt and file with the State Board a deficit reduction plan to balance the district's budget within 3 years. Deletes a provision exempting a financially distressed district from the debt limit. Provides that a school district must notify the State Board prior to issuing any form of long-term or short-term debt that will result in outstanding debt that exceeds 75% of the debt limit or any other provision of law. Repeals a Section concerning financially distressed districts. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective July 1, 2006.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 1160 (pass) · lower
  • Concurrence, Amendment 2 — 540 (pass) · upper
  • Third Reading — 3818 (pass) · upper
  • Concurrence — 540 (pass) · upper

Sponsors

  • Kimberly A. Lightford — primary (person)
  • Mark H. Beaubien, Jr. — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2005-02-25 Filed with Secretary by Sen. Kimberly A. Lightford filing
  • 2005-02-25 First Reading reading-1
  • 2005-02-25 Referred to Rules referral-committee
  • 2005-03-02 Assigned to Education referral-committee
  • 2005-03-10 Postponed - Education
  • 2005-03-17 Do Pass Education; 007-000-001 committee-passage
  • 2005-03-17 Placed on Calendar Order of 2nd Reading April 6, 2005
  • 2005-04-13 Second Reading reading-2
  • 2005-04-13 Placed on Calendar Order of 3rd Reading April 14, 2005
  • 2005-04-15 Third Reading - Passed; 038-018-001 reading-3, passage
  • 2005-04-15 Arrived in House introduction
  • 2005-04-15 Placed on Calendar Order of First Reading reading-1
  • 2005-05-10 Chief House Sponsor Rep. Calvin L. Giles
  • 2005-05-11 First Reading reading-1
  • 2005-05-11 Referred to Rules Committee referral-committee
  • 2005-05-16 Committee/Final Action Deadline Extended-9(b) May 31, 2005
  • 2005-05-16 Assigned to Elementary & Secondary Education Committee referral-committee
  • 2005-05-17 Motion to Suspend Rule 25 - Prevailed
  • 2005-05-17 House Committee Amendment No. 1 Filed with Clerk by Elementary & Secondary Education Committee amendment-introduction
  • 2005-05-17 House Committee Amendment No. 1 Adopted in Elementary & Secondary Education Committee; by Voice Vote amendment-passage
  • 2005-05-17 Do Pass as Amended / Short Debate Elementary & Secondary Education Committee; 017-000-000 committee-passage
  • 2005-05-18 Placed on Calendar 2nd Reading - Short Debate
  • 2005-05-19 Second Reading - Short Debate reading-2
  • 2005-05-19 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2005-05-24 Recalled to Second Reading - Short Debate reading-2
  • 2005-05-24 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2005-05-24 House Floor Amendment No. 2 Filed with Clerk by Rep. Mark H. Beaubien, Jr. amendment-introduction
  • 2005-05-24 House Floor Amendment No. 2 Referred to Rules Committee referral-committee
  • 2005-05-25 House Floor Amendment No. 2 Rules Refers to Elementary & Secondary Education Committee
  • 2005-05-26 House Floor Amendment No. 2 Recommends Be Adopted Elementary & Secondary Education Committee; 020-000-000 committee-passage-favorable
  • 2005-05-26 Added Alternate Co-Sponsor Rep. Mark H. Beaubien, Jr.
  • 2005-05-26 House Floor Amendment No. 2 Adopted by Voice Vote amendment-passage
  • 2005-05-26 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2005-05-27 Third Reading - Short Debate - Passed 116-000-000 reading-3, passage
  • 2005-05-27 Secretary's Desk - Concurrence House Amendment(s) 01,02
  • 2005-05-27 Placed on Calendar Order of Concurrence House Amendment(s) 01,02-May 28, 2005
  • 2005-05-27 House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Kimberly A. Lightford filing
  • 2005-05-27 House Committee Amendment No. 1 Motion to Concur Referred to Rules referral-committee
  • 2005-05-27 House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Kimberly A. Lightford filing
  • 2005-05-27 House Floor Amendment No. 2 Motion to Concur Referred to Rules referral-committee
  • 2005-05-28 House Committee Amendment No. 1 Motion to Concur Rules Referred to Education referral-committee
  • 2005-05-28 House Floor Amendment No. 2 Motion to Concur Rules Referred to Education referral-committee
  • 2005-05-28 House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Education; 009-000-000
  • 2005-05-28 House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Education; 010-000-000
  • 2005-05-29 House Committee Amendment No. 1 Senate Concurs 054-000-000
  • 2005-05-29 House Floor Amendment No. 2 Senate Concurs 054-000-000
  • 2005-05-29 Passed Both Houses
  • 2005-06-27 Sent to the Governor executive-receipt
  • 2005-07-14 Governor Approved executive-signature
  • 2005-07-14 Effective Date July 14, 2005
  • 2005-07-14 Public Act . . . . . . . . . 94-0234 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/e417e19d-bb8d-4411-83df-a9efd64813e4. Confidence: reported (aggregated from official Illinois legislature records).