Illinois General Assembly - Bill Status for HB6298

Synopsis As Introduced
Amends the School Code. Requires the State Board of Education to reimburse regional offices of education, from appropriations from State general revenue funds, for all interest paid from borrowing or establishing a line of credit for the purpose of maintaining operations and services. Provides that payments are subject to appropriation of moneys for this purpose from the General Revenue Fund and must be distributed to regional offices of education upon certification by the State Superintendent of Education of the amount of interest paid by the regional superintendent of schools as a result of borrowing or establishing a line of credit due to delayed State payments. Effective immediately.

Actions

Date	Chamber	Action
2/17/2010	House	Filed with the Clerk by Rep. Richard P. Myers
2/17/2010	House	First Reading
2/17/2010	House	Referred to Rules Committee
1/11/2011	House	Session Sine Die

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