90th General Assembly
Summary of HB1197
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House Sponsors:
YOUNGE-WEAVER,MIKE.

Senate Sponsors:
CLAYBORNE-CRONIN

Short description: 
COMM COLL-EXPERIMENTAL DISTRCT                                             

Synopsis of Bill as introduced:
        Amends the Public Community College Act.  Provides  that  certain      
   endowment, auxiliary, and activity funds and fees held and retained by      
   State Community College of East St. Louis at the time of its abolition      
   are deemed transferred by operation of law to the board of trustees of      
   a  new community college district, to be retained by that board in its      
   own treasury and  used  for  the  affairs  and  purposes  of  the  new      
   community  college  district.  Requires the Illinois Community College      
   Board to pay, from appropriations made to it from the General  Revenue      
   Fund,  the  outstanding obligations incurred for fiscal years prior to      
   fiscal year 1997 by the board of trustees of State  Community  College      
   of East St. Louis.  Requires the State Comptroller and State Treasurer      
   to  transfer to the General Revenue Fund the balances remaining in the      
   State Community College of East St. Louis Income Fund  and  the  State      
   Community  College  of  East  St.  Louis  Contracts  and  Grants Fund.      
   Effective immediately.                                                      
        SENATE AMENDMENT NO. 1.                                                
        Further specifies that on the effective date of this amendatory        
   Act, all funds held locally in the State Community College of East          
   St. Louis Contracts and Grants Clearing Account, the State Community        
   College of East St. Louis Income Fund Clearing Account and the Imprest      
   Fund shall be transferred by the Board to the General Revenue Fund.         
        CONFERENCE COMMITTEE REPORT NO. 1.                                     
        Recommends that the House concur in S-am 1.                            
 
Last action on Bill: PUBLIC ACT.............................. 90-0509

   Last action date: 97-08-22

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


   END OF INQUIRY 



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