Synopsis As Introduced Amends the School Code. Provides that a school district must not be certified by the State Board of Education to be in financial difficulty as a result of the failure of the Comptroller to disburse certain School Code reimbursements for receipt by the school district no later than June 30th of each year. Provides that if moneys are available in the Common School Fund for State aid payments, then, as soon as may be after the 10th and 20th days of each of the months of July (instead of August) through the following June (instead of July), the State Comptroller shall draw his or her warrants upon the State Treasurer. Effective July 1, 2007.
Removes the provisions concerning the payment of State aid claims.
House Floor Amendment No. 2 With respect to prohibiting the State Board of Education from certifying a school district to be in financial difficulty if the Comptroller has failed to disburse certain School Code reimbursements, makes changes concerning which School Code reimbursements apply.