WALSH,L. (MCGUIRE-SAVIANO-BOLAND-O'BRIEN) 105 ILCS 5/5-22 from Ch. 122, par. 5-22 105 ILCS 5/32-4 from Ch. 122, par. 32-4 Amends the School Code. Allows school property that has become unnecessary, unsuitable, or inconvenient to be sold to a tenant that has leased the property for 10 or more years and is a non-profit agency (instead of requiring the property to be sold at a public sale). Effective immediately. HOUSE AMENDMENT NO. 1. Provides that in the case of a sale of property to a tenant that has leased the property for 10 or more years and that is a non-profit agency, an appraisal is required prior to the sale. Provides that if the non-profit agency purchases the property for less than the appraised value and subsequently sells the property, the agency may only retain a percentage of the profits that is proportional to the percentage that the agency paid in the initial sale, plus any improvements made by the agency while the agency was the owner (with the remainder reverting to the school district). FEB-20-2001 S FIRST READING FEB-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-28-2001 S ASSIGNED TO COMMITTEE EDUCATION MAR-07-2001 S DO PASS 008-000-000 SESE MAR-07-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-03-08 MAR-08-2001 S SECOND READING MAR-08-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-03-20 MAR-20-2001 S THIRD READING - PASSED 057-000-000 MAR-20-2001 H ARRIVE IN HOUSE MAR-20-2001 H PLACED CALENDAR ORDER OF FIRST READING MAR-21-2001 H HOUSE SPONSOR MCGUIRE MAR-21-2001 H ADDED AS A JOINT SPONSOR SAVIANO MAR-21-2001 H FIRST READING MAR-21-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES APR-03-2001 H ASSIGNED TO COMMITTEE ELEM SCND ED APR-19-2001 H MOTION DO PASS-LOST 008-006-003 HELM APR-19-2001 H REMAINS IN COMMITTEE ELEM SCND ED MAY-02-2001 H AMENDMENT NO. 01-ELEM SCND ED H MAY-02-2001 H ADOPTED MAY-02-2001 H DO PASS AMENDED/SHORT DEBATE 018-001-000 HELM MAY-02-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAY-03-2001 H SECOND READING-SHORT DEBATE MAY-03-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE MAY-08-2001 H THIRD READING/SHORT DEBATE/PASSED 086-025-000 MAY-08-2001 H ADDED AS A JOINT SPONSOR BOLAND MAY-08-2001 H ADDED AS A JOINT SPONSOR O'BRIEN MAY-09-2001 S SECRETARYS DESK - CONCURRENCE 01 MAY-10-2001 S FILED WITH SECRETARY MAY-10-2001 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WALSH,L MAY-10-2001 S MOTION REFERRED TO SRUL MAY-18-2001 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WALSH,L MAY-18-2001 S RULES REFERS TO SESE MAY-22-2001 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WALSH,L MAY-22-2001 S BE APPROVED FOR CONSIDERATION SESE/009-000-000 MAY-22-2001 S MOTION TO CONCUR - HOUSE AMENDMENT NO 01/WALSH,L MAY-22-2001 S SEN CONCURS IN HSE AMENDMENTS (NO.) 01/057-000-000 MAY-22-2001 S PASSED BOTH HOUSES JUN-20-2001 S SENT TO THE GOVERNOR AUG-15-2001 S GOVERNOR APPROVED AUG-15-2001 S EFFECTIVE DATE 01-08-15 AUG-15-2001 S PUBLIC ACT.............................. 92-0365 END OF INQUIRY Full Text Bill Summary