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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB0398
Introduced 1/26/2007, by Rep. Lou Lang SYNOPSIS AS INTRODUCED:
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105 ILCS 5/2-3.74 |
from Ch. 122, par. 2-3.74 |
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Amends the School Code. Makes a technical change in a Section concerning tax exempt foundations.
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A BILL FOR
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HB0398 |
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LRB095 05314 BDD 25393 b |
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| AN ACT concerning schools.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The School Code is amended by changing Section |
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| 2-3.74 as follows:
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| (105 ILCS 5/2-3.74) (from Ch. 122, par. 2-3.74)
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| Sec. 2-3.74. Tax exempt foundations. The State Board of |
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| Education
shall disseminate to all school boards and |
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| superintendents of schools
throughout the
the State |
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| information concerning the procedures governing the
creation |
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| of tax exempt foundations qualified to receive gifts, |
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| donations,
bequests and other contributions for the use and |
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| benefit of school districts
of the State.
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| (Source: P.A. 84-1308.)
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