Illinois 103rd Regular Session Status: Enacted 2 D cosponsors

SB 1994 — SCH CD-CASH AND FUNDS

Last action — Public Act . . . . . . . . . 103-0394

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 09, 2023. Enacted.

Signed by Governor JB Pritzker (Democratic) on July 28, 2023.

Prognosis

Likely to advance 76% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 3 sponsors

    2 primary, 1 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 D).

  • Cleared a recorded vote

    Passed 7 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Amends the School Code. In provisions concerning custody of school funds, provides that each school district and school board must submit a quarterly report to the State Board of Education that contains information regarding (1) the amount of funds that each school district has in its reserves, (2) the amount of funds that each school district has in its investments, and (3) the number of days that each school district has cash on hand. Requires each school district and school board to publish and maintain the information in each quarterly report on its Internet website. Provides that any school district or school board reporting more than 250 days cash on hand shall spend any excess cash on hand funds beyond the 250 days on educational services, including hiring teachers, paraprofessionals, nurses, librarians, social workers, counselors, or psychologists. Effective immediately.

Bill Text

What changed in the latest version

28 added · 24 removed

Plain-language change summary

The main change in the bill SB 1994 is that now only school districts that do not receive federal impact aid funding are required to calculate their average operational expenditures from the past three years and report this information at board meetings. Additionally, while the previous version automatically required all districts exceeding a certain cash reserve to create a reduction plan, the revised bill specifies that this requirement applies only to those districts meeting the same criteria of not receiving federal funding. This distinction matters because it targets oversight and planning efforts more precisely at districts that may have more flexibility in their finances, potentially allowing for better resource allocation where it's most needed.

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SB1994 Engrossed LRB103 27488 RJT 53861 b AN ACT concerning education.
SB1994 Enrolled LRB103 27488 RJT 53861 b AN ACT concerning education.
(a) In the 2024-2025 school year and in each subsequent school year, each school board shall calculate the combined, annual average expenditures of its operational funds for the previous 3 fiscal years, as reported in the school district's most recently audited annual financial reports.
(a) In the 2024-2025 school year and in each subsequent school year, the school board of any school district that does not receive federal impact aid funding shall calculate the combined, annual average expenditures of its operational funds for the previous 3 fiscal years, as reported in the school district's most recently audited annual financial reports.
(b) If a school district's combined cash reserve balance of its operational funds, as most recently reported by the district pursuant to Section 17-1.3 of this Code, exceeds 2.5 times the annual average expenditures of its operational funds for the previous 3 fiscal years, the school board shall adopt SB1994 Engrossed - 2 - LRB103 27488 RJT 53861 b and file with the State Board of Education a written operational funds reserve reduction plan to reduce, within 3 years, the district's combined cash reserve balance of its operational funds to an amount at or below 2.5 times the annual average expenditures of its operational funds for the previous 3 fiscal years.
(b) With respect to a school district to which subsection (a) applies, if the school district's combined cash reserve balance of its operational funds, as most recently reported by the district pursuant to Section 17-1.3 of this Code, exceeds SB1994 Enrolled - 2 - LRB103 27488 RJT 53861 b 2.5 times the annual average expenditures of its operational funds for the previous 3 fiscal years, the school board shall adopt and file with the State Board of Education by December 31 a written operational funds reserve reduction plan to reduce, within 3 years, the district's combined cash reserve balance of its operational funds to an amount at or below 2.5 times the annual average expenditures of its operational funds for the previous 3 fiscal years.
The State Board shall post any operational funds reserve reduction plans received on the State Board's Internet website.
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Amendments

3 amendments

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Action History

  1. Public Act . . . . . . . . . 103-0394

  2. Effective Date July 28, 2023

  3. Governor Approved

  4. Sent to the Governor

  5. Passed Both Houses

  6. Senate Concurs

  7. House Committee Amendment No. 1 Senate Concurs 057-000-000

  8. House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Education; 012-000-000

  9. House Committee Amendment No. 1 Motion to Concur Assignments Referred to Education

  10. House Committee Amendment No. 1 Motion to Concur Referred to Assignments

  11. House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Meg Loughran Cappel

  12. Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 15, 2023

  13. Secretary's Desk - Concurrence House Amendment(s) 1

  14. Third Reading - Short Debate - Passed 113-000-000

  15. Placed on Calendar Order of 3rd Reading - Short Debate

  16. Second Reading - Short Debate

  17. Added Alternate Chief Co-Sponsor Rep. Natalie A. Manley

  18. Placed on Calendar 2nd Reading - Short Debate

  19. Do Pass as Amended / Short Debate Elementary & Secondary Education: Administration, Licensing & Charter Schools; 009-000-000

  20. House Committee Amendment No. 1 Adopted in Elementary & Secondary Education: Administration, Licensing & Charter Schools; by Voice Vote

  21. House Committee Amendment No. 1 Rules Refers to Elementary & Secondary Education: Administration, Licensing & Charter Schools

  22. House Committee Amendment No. 1 Referred to Rules Committee

  23. House Committee Amendment No. 1 Filed with Clerk by Rep. Lance Yednock

  24. Assigned to Elementary & Secondary Education: Administration, Licensing & Charter Schools

  25. Referred to Rules Committee

  26. First Reading

  27. Chief House Sponsor Rep. Lance Yednock

  28. Arrived in House

  29. Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)

  30. Third Reading - Passed; 055-000-000

  31. Placed on Calendar Order of 3rd Reading

  32. Senate Floor Amendment No. 2 Adopted; Loughran-Cappel

  33. Recalled to Second Reading

  34. Senate Floor Amendment No. 2 Recommend Do Adopt Education; 010-001-002

  35. Senate Floor Amendment No. 1 Postponed - Education

  36. Senate Floor Amendment No. 2 Assignments Refers to Education

  37. Senate Floor Amendment No. 1 Assignments Refers to Education

  38. Placed on Calendar Order of 3rd Reading March 29, 2023

  39. Second Reading

  40. Senate Floor Amendment No. 2 Referred to Assignments

  41. Senate Floor Amendment No. 2 Filed with Secretary by Sen. Meg Loughran Cappel

  42. Senate Floor Amendment No. 1 Referred to Assignments

  43. Senate Floor Amendment No. 1 Filed with Secretary by Sen. Meg Loughran Cappel

  44. Placed on Calendar Order of 2nd Reading March 9, 2023

  45. Do Pass Education; 010-000-000

  46. Assigned to Education

  47. Referred to Assignments

  48. First Reading

  49. Filed with Secretary by Sen. Meg Loughran Cappel

Sponsors

Sponsorship breakdown

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2 sponsors · 1 co-sponsors · 180 not signed on

Sponsors (2)

Co-sponsors (1)

Not signed on (180)

180 members have not signed on to this bill.

Show all 180 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Concurrence

Passed 57 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Democrat 32001
Republican 17000
Unaffiliated 8001
Total 57002
% of votes cast 97%0%0%3%
How each member voted (59)
Member Party Vote
Stoller — Yea
Gillespie — Yea
Bennett — Yea
Harris, N. — Yea
Pacione-Zayas — Yea
Simmons — Yea
Glowiak Hilton — Yea
Loughran Cappel — Yea
Van Pelt — Not Voting
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Emil Jones, III Democrat Yea
Gregg Johnson Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Michael E. Hastings Democrat Not Voting
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Yea
Chapin Rose Republican Yea
Craig Wilcox Republican Yea
Dale Fowler Republican Yea
Dan McConchie Republican Yea
Dave Syverson Republican Yea
Donald P. DeWitte Republican Yea
Erica Harriss Republican Yea
Jason Plummer Republican Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Neil Anderson Republican Yea
Sally J. Turner Republican Yea
Seth Lewis Republican Yea
Steve McClure Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Yea

Official roll call →

Education

Passed 12 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 2000
Democrat 7001
Republican 3001
Total 12002
% of votes cast 86%0%0%14%
How each member voted (14)
Member Party Vote
Bennett, Tom — Yea
Simmons, Mike — Yea
Adriane L. Johnson Democrat Yea
Christopher Belt Democrat Yea
Doris Turner Democrat Yea
Kimberly A. Lightford Democrat Not Voting
Mary Edly-Allen Democrat Yea
Meg Loughran Cappel Democrat Yea
Ram Villivalam Democrat Yea
Willie Preston Democrat Yea
Craig Wilcox Republican Not Voting
Dan McConchie Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Yea

Official roll call →

Third Reading

Passed 113 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Democrat 62003
Republican 34001
Unaffiliated 17000
Total 113004
% of votes cast 97%0%0%3%
How each member voted (117)
Member Party Vote
Nichols — Yea
Ortiz — Yea
Ozinga — Yea
Burke — Yea
Carroll — Yea
Caulkins — Yea
Egofske — Yea
Marron — Yea
Flowers — Yea
Frese — Yea
Yednock — Yea
Costa Howard — Yea
Faver Dias — Yea
Hernandez, Lisa — Yea
Ladisch Douglass — Yea
Williams, Jawaharial — Yea
Yang Rohr — Yea
Abdelnasser Rashid Democrat Yea
Angelica Guerrero-Cuellar Democrat Yea
Ann M. Williams Democrat Yea
Anna Moeller Democrat Yea
Anne Stava Democrat Yea
Anthony DeLuca Democrat Yea
Barbara Hernandez Democrat Yea
Bob Morgan Democrat Yea
Camille Y. Lilly Democrat Yea
Carol Ammons Democrat Yea
Curtis J. Tarver, II Democrat Yea
Dagmara Avelar Democrat Yea
Daniel Didech Democrat Yea
Dave Vella Democrat Yea
Debbie Meyers-Martin Democrat Yea
Diane Blair-Sherlock Democrat Yea
Edgar González, Jr. Democrat Yea
Emanuel "Chris" Welch Democrat Yea
Eva-Dina Delgado Democrat Yea
Fred Crespo Democrat Yea
Gregg Johnson Democrat Yea
Harry Benton Democrat Yea
Hoan Huynh Democrat Yea
Jaime M. Andrade, Jr. Democrat Yea
Jay Hoffman Democrat Yea
Jehan Gordon-Booth Democrat Yea
Jennifer Gong-Gershowitz Democrat Yea
Joyce Mason Democrat Yea
Justin Slaughter Democrat Yea
Kam Buckner Democrat Yea
Katie Stuart Democrat Yea
Kelly M. Cassidy Democrat Yea
Kevin John Olickal Democrat Yea
La Shawn K. Ford Democrat Yea
Lakesia Collins Democrat Yea
Lawrence "Larry" Walsh, Jr. Democrat Yea
Lilian Jiménez Democrat Yea
Lindsey LaPointe Democrat Yea
Marcus C. Evans, Jr. Democrat Yea
Margaret Croke Democrat Yea
Mark L. Walker Democrat Yea
Martin J. Moylan Democrat Yea
Mary Beth Canty Democrat Yea
Mary Gill Democrat Yea
Matt Hanson Democrat Yea
Maura Hirschauer Democrat Yea
Maurice A. West, II Democrat Yea
Michael J. Kelly Democrat Yea
Michelle Mussman Democrat Yea
Nabeela Syed Democrat Yea
Natalie A. Manley Democrat Yea
Nicholas K. Smith Democrat Yea
Norma Hernandez Democrat Yea
Rita Mayfield Democrat Yea
Robert "Bob" Rita Democrat Not Voting
Robyn Gabel Democrat Yea
Sharon Chung Democrat Yea
Sonya M. Harper Democrat Yea
Stephanie A. Kifowit Democrat Yea
Sue Scherer Democrat Yea
Suzanne M. Ness Democrat Yea
Thaddeus Jones Democrat Not Voting
Theresa Mah Democrat Yea
Will Guzzardi Democrat Yea
William "Will" Davis Democrat Not Voting
Adam M. Niemerg Republican Yea
Amy Elik Republican Yea
Amy L. Grant Republican Yea
Blaine Wilhour Republican Yea
Brad Halbrook Republican Yea
Brad Stephens Republican Not Voting
Bradley Fritts Republican Yea
Charles Meier Republican Yea
Chris Miller Republican Yea
Christopher "C.D." Davidsmeyer Republican Yea
Dan Swanson Republican Yea
Daniel J. Ugaste Republican Yea
Dave Severin Republican Yea
David Friess Republican Yea
Dennis Tipsword Republican Yea
Jackie Haas Republican Yea
Jason R. Bunting Republican Yea
Jed Davis Republican Yea
Jeff Keicher Republican Yea
Jennifer Sanalitro Republican Yea
Joe C. Sosnowski Republican Yea
John M. Cabello Republican Yea
Kevin Schmidt Republican Yea
Martin McLaughlin Republican Yea
Michael J. Coffey, Jr. Republican Yea
Norine K. Hammond Republican Yea
Patrick Windhorst Republican Yea
Paul Jacobs Republican Yea
Ryan Spain Republican Yea
Steven Reick Republican Yea
Tom Weber Republican Yea
Tony M. McCombie Republican Yea
Travis Weaver Republican Yea
Wayne A. Rosenthal Republican Yea
William E Hauter Republican Yea

Official roll call →

Third Reading

Passed 55 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Democrat 31002
Republican 16001
Unaffiliated 8001
Total 55004
% of votes cast 93%0%0%7%
How each member voted (59)
Member Party Vote
Stoller — Yea
Gillespie — Yea
Bennett — Yea
Harris, N. — Yea
Pacione-Zayas — Yea
Simmons — Yea
Glowiak Hilton — Yea
Loughran Cappel — Yea
Van Pelt — Not Voting
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Don Harmon Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Emil Jones, III Democrat Not Voting
Gregg Johnson Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Not Voting
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Yea
Chapin Rose Republican Yea
Craig Wilcox Republican Yea
Dale Fowler Republican Yea
Dan McConchie Republican Yea
Dave Syverson Republican Yea
Donald P. DeWitte Republican Yea
Erica Harriss Republican Yea
Jason Plummer Republican Yea
Jil Tracy Republican Not Voting
John F. Curran Republican Yea
Neil Anderson Republican Yea
Sally J. Turner Republican Yea
Seth Lewis Republican Yea
Steve McClure Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Yea

Official roll call →

Education, Amendment 2

Passed 10 Yea · 1 Nay · 3 Other
Party YeaNayPresentNot Voting
Democrat 7000
Republican 1003
Unaffiliated 2100
Total 10103
% of votes cast 71%7%0%21%
How each member voted (14)
Member Party Vote
Pacione-Zayas, Cristina H — Yea
Bennett, Tom — Nay
Simmons, Mike — Yea
Adriane L. Johnson Democrat Yea
Christopher Belt Democrat Yea
Doris Turner Democrat Yea
Kimberly A. Lightford Democrat Yea
Mary Edly-Allen Democrat Yea
Meg Loughran Cappel Democrat Yea
Ram Villivalam Democrat Yea
Craig Wilcox Republican Not Voting
Dan McConchie Republican Not Voting
Sue Rezin Republican Not Voting
Terri Bryant Republican Yea

Official roll call →

Education

Passed 10 Yea · 0 Nay · 4 Other
Party YeaNayPresentNot Voting
Unaffiliated 3000
Democrat 5002
Republican 2002
Total 10004
% of votes cast 71%0%0%29%
How each member voted (14)
Member Party Vote
Bennett, Tom — Yea
Pacione-Zayas, Cristina H — Yea
Simmons, Mike — Yea
Adriane L. Johnson Democrat Yea
Christopher Belt Democrat Yea
Doris Turner Democrat Yea
Kimberly A. Lightford Democrat Not Voting
Meg Loughran Cappel Democrat Yea
Ram Villivalam Democrat Not Voting
Willie Preston Democrat Yea
Craig Wilcox Republican Yea
Dan McConchie Republican Not Voting
Sue Rezin Republican Yea
Terri Bryant Republican Not Voting

Official roll call →

Subjects

finance education
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Frequently asked questions

What does SB 1994 do?
Amends the School Code. In provisions concerning custody of school funds, provides that each school district and school board must submit a quarterly report to the State Board of Education that contains information regarding (1) the amount of funds that each school district has in its reserves, (2) the amount of funds that each school district has in its investments, and (3) the number of days that each school district has cash on hand. Requires each school district and school board to publish and maintain the information in each quarterly report on its Internet website. Provides that any school district or school board reporting more than 250 days cash on hand shall spend any excess cash on hand funds beyond the 250 days on educational services, including hiring teachers, paraprofessionals, nurses, librarians, social workers, counselors, or psychologists. Effective immediately.
Who sponsors SB 1994?
SB 1994 is sponsored by Lance Yednock, Natalie A. Manley (Democrat), and Meg Loughran Cappel (Democrat).
What is the current status of SB 1994?
This bill has been enacted into law. Introduced February 09, 2023. Enacted.
Where can I track SB 1994?
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