Fabio
114 lines
11 KiB
Markdown
114 lines
11 KiB
Markdown
---
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type: "Bill"
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title: "SCH CD-FINANCIAL DIFFICULTY"
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description: "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."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "94th"
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identifier: "SB 1853"
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citation: "Illinois SB 1853 (94th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 51
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vote_count: 4
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first_action: "2005-02-25"
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last_action: "2005-07-14"
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source: "openstates"
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source_identifier: "ocd-bill/e417e19d-bb8d-4411-83df-a9efd64813e4"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1853&GAID=8&DocTypeID=SB&LegId=20227&SessionID=50&GA=94"
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source_hash: "3f814f549de2d2ede84242cda6b5c777d58cdfdc32d5f0a9263c495a3a36ee54"
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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 SB 1853 (94th) — SCH CD-FINANCIAL DIFFICULTY
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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.
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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](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB1853&GA=94&SessionId=50&DocTypeId=SB&LegID=20227&DocNum=1853&GAID=8&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB1853eng&GA=94&SessionId=50&DocTypeId=SB&LegID=20227&DocNum=1853&GAID=8&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09400SB1853enr&GA=94&SessionId=50&DocTypeId=SB&LegID=20227&DocNum=1853&GAID=8&Session=&print=true)
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## Votes
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- Third Reading — **116–0** (pass) · lower
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- Concurrence, Amendment 2 — **54–0** (pass) · upper
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- Third Reading — **38–18** (pass) · upper
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- Concurrence — **54–0** (pass) · upper
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## Sponsors
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- Kimberly A. Lightford — primary (person)
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- Mark H. Beaubien, Jr. — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2005-02-25** Filed with Secretary by Sen. Kimberly A. Lightford `filing`
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- **2005-02-25** First Reading `reading-1`
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- **2005-02-25** Referred to Rules `referral-committee`
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- **2005-03-02** Assigned to Education `referral-committee`
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- **2005-03-10** Postponed - Education
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- **2005-03-17** Do Pass Education; 007-000-001 `committee-passage`
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- **2005-03-17** Placed on Calendar Order of 2nd Reading April 6, 2005
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- **2005-04-13** Second Reading `reading-2`
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- **2005-04-13** Placed on Calendar Order of 3rd Reading April 14, 2005
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- **2005-04-15** Third Reading - Passed; 038-018-001 `reading-3, passage`
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- **2005-04-15** Arrived in House `introduction`
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- **2005-04-15** Placed on Calendar Order of First Reading `reading-1`
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- **2005-05-10** Chief House Sponsor Rep. Calvin L. Giles
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- **2005-05-11** First Reading `reading-1`
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- **2005-05-11** Referred to Rules Committee `referral-committee`
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- **2005-05-16** Committee/Final Action Deadline Extended-9(b) May 31, 2005
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- **2005-05-16** Assigned to Elementary & Secondary Education Committee `referral-committee`
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- **2005-05-17** Motion to Suspend Rule 25 - Prevailed
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- **2005-05-17** House Committee Amendment No. 1 Filed with Clerk by Elementary & Secondary Education Committee `amendment-introduction`
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- **2005-05-17** House Committee Amendment No. 1 Adopted in Elementary & Secondary Education Committee; by Voice Vote `amendment-passage`
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- **2005-05-17** Do Pass as Amended / Short Debate Elementary & Secondary Education Committee; 017-000-000 `committee-passage`
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- **2005-05-18** Placed on Calendar 2nd Reading - Short Debate
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- **2005-05-19** Second Reading - Short Debate `reading-2`
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- **2005-05-19** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2005-05-24** Recalled to Second Reading - Short Debate `reading-2`
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- **2005-05-24** Held on Calendar Order of Second Reading - Short Debate `reading-2`
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- **2005-05-24** House Floor Amendment No. 2 Filed with Clerk by Rep. Mark H. Beaubien, Jr. `amendment-introduction`
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- **2005-05-24** House Floor Amendment No. 2 Referred to Rules Committee `referral-committee`
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- **2005-05-25** House Floor Amendment No. 2 Rules Refers to Elementary & Secondary Education Committee
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- **2005-05-26** House Floor Amendment No. 2 Recommends Be Adopted Elementary & Secondary Education Committee; 020-000-000 `committee-passage-favorable`
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- **2005-05-26** Added Alternate Co-Sponsor Rep. Mark H. Beaubien, Jr.
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- **2005-05-26** House Floor Amendment No. 2 Adopted by Voice Vote `amendment-passage`
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- **2005-05-26** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2005-05-27** Third Reading - Short Debate - Passed 116-000-000 `reading-3, passage`
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- **2005-05-27** Secretary's Desk - Concurrence House Amendment(s) 01,02
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- **2005-05-27** Placed on Calendar Order of Concurrence House Amendment(s) 01,02-May 28, 2005
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- **2005-05-27** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Kimberly A. Lightford `filing`
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- **2005-05-27** House Committee Amendment No. 1 Motion to Concur Referred to Rules `referral-committee`
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- **2005-05-27** House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Kimberly A. Lightford `filing`
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- **2005-05-27** House Floor Amendment No. 2 Motion to Concur Referred to Rules `referral-committee`
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- **2005-05-28** House Committee Amendment No. 1 Motion to Concur Rules Referred to Education `referral-committee`
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- **2005-05-28** House Floor Amendment No. 2 Motion to Concur Rules Referred to Education `referral-committee`
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- **2005-05-28** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Education; 009-000-000
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- **2005-05-28** House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Education; 010-000-000
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- **2005-05-29** House Committee Amendment No. 1 Senate Concurs 054-000-000
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- **2005-05-29** House Floor Amendment No. 2 Senate Concurs 054-000-000
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- **2005-05-29** Passed Both Houses
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- **2005-06-27** Sent to the Governor `executive-receipt`
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- **2005-07-14** Governor Approved `executive-signature`
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- **2005-07-14** Effective Date July 14, 2005
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- **2005-07-14** Public Act . . . . . . . . . 94-0234 `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/e417e19d-bb8d-4411-83df-a9efd64813e4`. Confidence: reported (aggregated from official Illinois legislature records).
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