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republic-os/legislation/us/states/il/96th/sb-3681.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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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-DISTRICT FINANCIAL INFO Creates the Financial Oversight Panel Law of the School Code. Allows a school district (other than the Chicago school district) to petition the State Board of Education for the establishment of a Financial Oversight Panel for the district. Allows the State Board to establish a Financial Oversight Panel without a petition from a district. Contains provisions concerning duties of the district; members and meetings of a Panel; powers of a Panel; officers of a Panel; collective bargaining agreements; deposits and investments; cash and bank accounts; the financial, management, and budgetary structure; the School District Emergency Financial Assistance Fund; grants and loans; the issuance of bonds; a tax levy; a debt service fund; a debt service reserve fund; bond anticipation notes; tax anticipation warrants and other certificates and notes; reports; a Panel audit; Panel property being exempt from taxation; sanctions; and abolition of a Panel. Makes related changes in the School Code, the Property Tax Code, and the Illinois Pension Code. Further amends the School Code with respect to districts in financial difficulty, the custody of school funds, bank reconciliation reports, and deficit reduction plans. Effective immediately. us/states/il Illinois General Assembly 96th SB 3681 Illinois SB 3681 (96th)
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3 61 4 2010-02-11 2010-08-03 openstates ocd-bill/ae6b643c-cc30-431a-a688-cf02e8233bca http://ilga.gov/legislation/BillStatus.asp?DocNum=3681&GAID=10&DocTypeID=SB&LegId=51869&SessionID=76&GA=96 7b225da16799680899a9e9994843a14827e1dedb28eaf4756f5875ef31d8f525 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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us-il

Illinois SB 3681 (96th) — SCH CD-DISTRICT FINANCIAL INFO

Creates the Financial Oversight Panel Law of the School Code. Allows a school district (other than the Chicago school district) to petition the State Board of Education for the establishment of a Financial Oversight Panel for the district. Allows the State Board to establish a Financial Oversight Panel without a petition from a district. Contains provisions concerning duties of the district; members and meetings of a Panel; powers of a Panel; officers of a Panel; collective bargaining agreements; deposits and investments; cash and bank accounts; the financial, management, and budgetary structure; the School District Emergency Financial Assistance Fund; grants and loans; the issuance of bonds; a tax levy; a debt service fund; a debt service reserve fund; bond anticipation notes; tax anticipation warrants and other certificates and notes; reports; a Panel audit; Panel property being exempt from taxation; sanctions; and abolition of a Panel. Makes related changes in the School Code, the Property Tax Code, and the Illinois Pension Code. Further amends the School Code with respect to districts in financial difficulty, the custody of school funds, bank reconciliation reports, and deficit reduction plans. Effective immediately.

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 — 118–0 (pass) · lower
  • Concurrence, Amendment 1 — 38–17 (pass) · upper
  • Third Reading — 56–0 (pass) · upper
  • Concurrence, Amendment 2 — 38–17 (pass) · upper

Sponsors

  • Jerry L. Mitchell — cosponsor (person)
  • Kimberly A. Lightford — primary (person)
  • William B. Black — cosponsor (person)

Timeline

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

  • 2010-02-11 Filed with Secretary by Sen. Deanna Demuzio filing
  • 2010-02-11 First Reading reading-1
  • 2010-02-11 Referred to Assignments referral-committee
  • 2010-02-23 Chief Sponsor Changed to Sen. Kimberly A. Lightford
  • 2010-02-24 Assigned to Education referral-committee
  • 2010-03-02 Senate Committee Amendment No. 1 Filed with Secretary by Sen. Kimberly A. Lightford amendment-introduction
  • 2010-03-02 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2010-03-02 Senate Committee Amendment No. 1 Assignments Refers to Education
  • 2010-03-02 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2010-03-03 Do Pass as Amended Education; 010-000-000 committee-passage
  • 2010-03-03 Placed on Calendar Order of 2nd Reading March 4, 2010
  • 2010-03-10 Second Reading reading-2
  • 2010-03-10 Placed on Calendar Order of 3rd Reading March 11, 2010
  • 2010-03-17 Third Reading - Passed; 056-000-000 reading-3, passage
  • 2010-03-18 Arrived in House introduction
  • 2010-03-18 Chief House Sponsor Rep. Roger L. Eddy
  • 2010-03-18 Placed on Calendar Order of First Reading reading-1
  • 2010-03-18 First Reading reading-1
  • 2010-03-18 Referred to Rules Committee referral-committee
  • 2010-04-08 Assigned to Elementary & Secondary Education Committee referral-committee
  • 2010-04-13 Added Alternate Co-Sponsor Rep. William B. Black
  • 2010-04-14 Do Pass / Short Debate Elementary & Secondary Education Committee; 014-000-000 committee-passage
  • 2010-04-14 Placed on Calendar 2nd Reading - Short Debate
  • 2010-04-28 Second Reading - Short Debate reading-2
  • 2010-04-28 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2010-04-29 Recalled to Second Reading - Short Debate reading-2
  • 2010-04-29 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2010-04-29 House Floor Amendment No. 1 Filed with Clerk by Rep. Roger L. Eddy amendment-introduction
  • 2010-04-29 House Floor Amendment No. 1 Referred to Rules Committee referral-committee
  • 2010-05-03 House Floor Amendment No. 1 Rules Refers to Elementary & Secondary Education Committee
  • 2010-05-04 House Floor Amendment No. 1 Recommends Be Adopted Elementary & Secondary Education Committee; 017-000-000 committee-passage-favorable
  • 2010-05-04 House Floor Amendment No. 2 Filed with Clerk by Rep. Roger L. Eddy amendment-introduction
  • 2010-05-04 House Floor Amendment No. 2 Referred to Rules Committee referral-committee
  • 2010-05-04 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2010-05-04 Recalled to Second Reading - Short Debate reading-2
  • 2010-05-04 House Floor Amendment No. 1 Adopted by Voice Vote amendment-passage
  • 2010-05-04 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2010-05-04 Recalled to Second Reading - Short Debate reading-2
  • 2010-05-04 Held on Calendar Order of Second Reading - Short Debate reading-2
  • 2010-05-06 House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 004-000-000 committee-passage-favorable
  • 2010-05-06 Added Alternate Co-Sponsor Rep. Jerry L. Mitchell
  • 2010-05-06 House Floor Amendment No. 2 Adopted by Voice Vote amendment-passage
  • 2010-05-06 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2010-05-06 Third Reading - Short Debate - Passed 118-000-000 reading-3, passage
  • 2010-05-06 Secretary's Desk - Concurrence House Amendment(s) 1, 2
  • 2010-05-06 Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 7, 2010
  • 2010-05-06 House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Kimberly A. Lightford filing
  • 2010-05-06 House Floor Amendment No. 1 Motion to Concur Referred to Assignments referral-committee
  • 2010-05-06 House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Kimberly A. Lightford filing
  • 2010-05-06 House Floor Amendment No. 2 Motion to Concur Referred to Assignments referral-committee
  • 2010-05-06 House Floor Amendment No. 1 Motion to Concur Assignments Referred to Education referral-committee
  • 2010-05-06 House Floor Amendment No. 2 Motion to Concur Assignments Referred to Education referral-committee
  • 2010-05-07 House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Education; 006-004-001
  • 2010-05-07 House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Education; 006-004-001
  • 2010-05-07 House Floor Amendment No. 1 Senate Concurs 038-017-000
  • 2010-05-07 House Floor Amendment No. 2 Senate Concurs 038-017-000
  • 2010-05-07 Passed Both Houses
  • 2010-06-04 Sent to the Governor executive-receipt
  • 2010-08-03 Governor Approved executive-signature
  • 2010-08-03 Effective Date August 3, 2010
  • 2010-08-03 Public Act . . . . . . . . . 96-1423 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/ae6b643c-cc30-431a-a688-cf02e8233bca. Confidence: reported (aggregated from official Illinois legislature records).

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