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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
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-FINANC OVERSIGHT PANEL 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; reports; a Panel audit; Panel property being exempt from taxation; sanctions; and abolition of a Panel. Makes related changes in the School Code and the Property Tax Code. Effective July 1, 2011. us/states/il Illinois General Assembly 97th SB 2149 Illinois SB 2149 (97th)
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3 44 2 2011-02-10 2011-08-16 openstates ocd-bill/2e43df5a-3977-489f-8664-c95dbd52db54 http://ilga.gov/legislation/BillStatus.asp?DocNum=2149&GAID=11&DocTypeID=SB&LegId=58343&SessionID=84&GA=97 b23cc0250e588deb30b0d16bd4c36f8c03447c81e179bbb78ade1386c0181e6d 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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Illinois SB 2149 (97th) — SCH CD-FINANC OVERSIGHT PANEL

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; reports; a Panel audit; Panel property being exempt from taxation; sanctions; and abolition of a Panel. Makes related changes in the School Code and the Property Tax Code. Effective July 1, 2011.

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 — 3619 (pass) · upper
  • Third Reading — 7239 (pass) · lower

Sponsors

  • John M. Sullivan — primary (person)

Timeline

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

  • 2011-02-10 Filed with Secretary by Sen. John M. Sullivan filing
  • 2011-02-10 First Reading reading-1
  • 2011-02-10 Referred to Assignments referral-committee
  • 2011-03-01 Chief Sponsor Changed to Sen. Dan Kotowski
  • 2011-03-01 Chief Sponsor Changed to Sen. John M. Sullivan
  • 2011-03-02 Assigned to Executive referral-committee
  • 2011-03-10 Postponed - Executive
  • 2011-03-15 Senate Committee Amendment No. 1 Filed with Secretary by Sen. John M. Sullivan amendment-introduction
  • 2011-03-15 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2011-03-15 Senate Committee Amendment No. 1 Assignments Refers to Executive
  • 2011-03-16 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2011-03-17 Do Pass as Amended Executive; 012-003-000 committee-passage
  • 2011-03-17 Placed on Calendar Order of 2nd Reading March 17, 2011
  • 2011-04-05 Senate Floor Amendment No. 2 Filed with Secretary by Sen. John M. Sullivan amendment-introduction
  • 2011-04-05 Senate Floor Amendment No. 2 Referred to Assignments referral-committee
  • 2011-04-06 Senate Floor Amendment No. 2 Assignments Refers to Executive
  • 2011-04-06 Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 015-000-000
  • 2011-04-08 Second Reading reading-2
  • 2011-04-08 Senate Floor Amendment No. 2 Adopted; Sullivan amendment-passage
  • 2011-04-08 Placed on Calendar Order of 3rd Reading April 11, 2011
  • 2011-04-08 Senate Floor Amendment No. 3 Filed with Secretary by Sen. John M. Sullivan amendment-introduction
  • 2011-04-08 Senate Floor Amendment No. 3 Referred to Assignments referral-committee
  • 2011-04-11 Senate Floor Amendment No. 3 Assignments Refers to Executive
  • 2011-04-13 Senate Floor Amendment No. 3 Recommend Do Adopt Executive; 012-000-000
  • 2011-04-14 Recalled to Second Reading reading-2
  • 2011-04-14 Senate Floor Amendment No. 3 Adopted; Sullivan amendment-passage
  • 2011-04-14 Placed on Calendar Order of 3rd Reading
  • 2011-04-14 Third Reading - Passed; 036-019-001 reading-3, passage
  • 2011-04-15 Arrived in House introduction
  • 2011-04-15 Placed on Calendar Order of First Reading reading-1
  • 2011-04-15 Chief House Sponsor Rep. Roger L. Eddy
  • 2011-04-15 First Reading reading-1
  • 2011-04-15 Referred to Rules Committee referral-committee
  • 2011-04-25 Assigned to Elementary & Secondary Education Committee referral-committee
  • 2011-05-11 Do Pass / Short Debate Elementary & Secondary Education Committee; 016-006-000 committee-passage
  • 2011-05-11 Placed on Calendar 2nd Reading - Short Debate
  • 2011-05-16 Second Reading - Short Debate reading-2
  • 2011-05-16 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2011-05-20 Third Reading - Short Debate - Passed 072-039-000 reading-3, passage
  • 2011-05-20 Passed Both Houses
  • 2011-06-17 Sent to the Governor executive-receipt
  • 2011-08-16 Governor Approved executive-signature
  • 2011-08-16 Effective Date August 16, 2011
  • 2011-08-16 Public Act . . . . . . . . . 97-0429 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/2e43df5a-3977-489f-8664-c95dbd52db54. Confidence: reported (aggregated from official Illinois legislature records).