093_SB0484

 
                                     LRB093 08646 NHT 08874 b

 1        AN ACT concerning schools.

 2        Be it enacted by the People of  the  State  of  Illinois,
 3    represented in the General Assembly:

 4        Section  5.  The State Finance Act is amended by changing
 5    Section 5.506 as follows:

 6        (30 ILCS 105/5.506)
 7        (Section scheduled to be repealed on July 16, 2003)
 8        Sec. 5.506.  The Private Business and Vocational  Schools
 9    Fund.  This Section is repealed 8 4 years after the effective
10    date of this amendatory Act of the 91st General Assembly.
11    (Source: P.A. 91-143, eff. 7-16-99; 92-16, eff. 6-28-01.)

12        Section  10.  The Private Business and Vocational Schools
13    Act is amended by changing Section 11.5 as follows:

14        (105 ILCS 425/11.5)
15        (Section scheduled to be repealed on July 16, 2003)
16        Sec. 11.5.  Private Business and Vocational Schools Fund.
17    The Private Business and Vocational Schools Fund  is  created
18    as a special fund in the State treasury.  All moneys received
19    by the Superintendent from application and renewal fees under
20    Sections  10  and 11 of this Act shall be deposited into this
21    Fund.   Moneys  in  this  Fund  shall  be  used,  subject  to
22    appropriation by the General Assembly, by the Board, with the
23    advice and recommendation of the Superintendent,  to  provide
24    technology,  equipment,  staff, professional development, and
25    other resources necessary to support records  management  and
26    other  projects  in  administering this Act.  The State Board
27    may expend moneys in this Fund in such amounts  and  at  such
28    times  as it deems necessary or desirable for the purposes of
29    this Act.  This Section is  repealed  8  4  years  after  the
 
                            -2-      LRB093 08646 NHT 08874 b
 1    effective  date  of  this  amendatory Act of the 91st General
 2    Assembly.
 3    (Source: P.A. 91-143, eff. 7-16-99.)

 4        Section 99.  Effective date.  This Act  takes  effect  on
 5    July 15, 2003.