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91_HB1668 LRB9102367NTsb 1 AN ACT to amend the School Code by changing Section 2 35-12.1. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The School Code is amended by changing 6 Section 35-12.1 as follows: 7 (105 ILCS 5/35-12.1) (from Ch. 122, par. 35-12.1) 8 Sec. 35-12.1. Emergency fund. To expedite the replacement 9 or reconstruction of school buildings destroyed or damaged by 10 flood, tornado, fire, or other disaster produced solely by 11 nature, the Commission may use up to $1,850,000 of its annual 12 appropriation of grant monies for the emergency replacement 13 or reconstruction of thesesuchbuildings. This amount shall 14 be used in addition to whatever insurance benefits are 15 received because of the damaged or destroyed buildings. 16 Applications for such emergency aid shall be treated 17 separately from other applications. In all other respects, 18 such emergency aid shall be subject to the same requirements 19 as other aid under this Article, except that districts which 20 have reached 60% of their bonding power at the time such 21 destruction or damage occurs shall also qualify for emergency 22 aid, in addition to districts qualifying under Section 35-7. 23 (Source: P.A. 77-1553.)