95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB1352


 
Introduced 2/20/2007, by Rep. Kenneth Dunkin
 
SYNOPSIS AS INTRODUCED:
 		













20 ILCS 1605/27.5 new






30 ILCS 105/5.675 new






30 ILCS 105/6z-69 new










    Amends the Illinois Lottery Law and the State Finance Act. Allows the Governor to sell or otherwise dispose of the State Lottery upon such terms and  conditions and for such consideration  that the Governor deems to be in the best interests of the people of the State of Illinois.  Provides that all net proceeds from the sale or other disposition of the State Lottery must be deposited into the Commitment to Education Fund, a special fund created in the State treasury.  Subject to appropriation, provides that all money in the Commitment to Education Fund must be used by the State Board of Education to supplement funding, by grant, loan, appropriation, or otherwise, as directed in the appropriation, for any one or more of the following purposes: (1) General State Aid or Supplemental General State Aid;
(2) mandated categorical grants;
(3) early childhood
programs; (4) school construction;
(5) initiatives intended to provide for better quality teachers;
(6) initiatives intended to provide for better quality instructional materials; or
(7) initiatives intended to increase the amount of time per day students spend learning, whether in the classroom or in alternative settings. Effective immediately.
















LRB095 07665 NHT 27817 b

















FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB1352

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    AN ACT concerning education.

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


 
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    Section 5. The Illinois Lottery Law is amended  by adding 
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Section 27.5 as follows:
 
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    (20 ILCS 1605/27.5  new)
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    Sec. 27.5. Sale of Lottery. The Governor may sell or 
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otherwise dispose of the State Lottery upon such terms and  
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conditions and for such consideration that the Governor deems 
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to be in the best interests of the people of the State of 
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Illinois.  All net proceeds from the sale or other disposition 
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of the State Lottery must be deposited into the Commitment to 
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Education Fund.
 
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    Section 10. The State Finance Act is amended  by adding 
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Sections 5.675 and 6z-69 as follows:
 
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    (30 ILCS 105/5.675 new)
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    Sec. 5.675. The Commitment to Education Fund.
 
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    (30 ILCS 105/6z-69  new)
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    Sec. 6z-69. The Commitment to Education Fund. The 
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Commitment to Education Fund is created as a special fund in 
 


 






HB1352
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the State treasury.  Subject to appropriation, all money in the 
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Commitment to Education Fund must be used by the State Board of 
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Education to supplement funding, by grant, loan, 
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appropriation, or otherwise, as directed in the appropriation, 
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for any one or more of the following purposes:
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        (1) General State Aid or Supplemental General State 
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    Aid.
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        (2) Mandated categorical grants.
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        (3) Early childhood programs.
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        (4) School construction.
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        (5) Initiatives intended to provide for better quality 
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    teachers.
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        (6) Initiatives intended to provide for better quality 
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    instructional materials.
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        (7) Initiatives intended to increase the amount of time 
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    per day students spend learning, whether in the classroom 
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    or in alternative settings.
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    Any interest earned on money in the Commitment to Education 
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Fund must be deposited into the Commitment to Education Fund.
 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.