Amends the Public Community College Act. Provides that the position of secretary of a board of trustees of a community college district may be held by a member of the board. Provides that if the secretary is not a member of the board, the secretary may receive compensation as fixed by the board prior to the election of the secretary. Provides that if a district abolishes its working cash fund, the transfer of any balance must take place at the close of the then current fiscal year. Allows a community college district to abate its working cash fund upon the adoption of a resolution and transfer part of the balance at any time. Provides that if a community college district elects to abolish or abate its working cash fund, it shall have the authority to again create a working cash fund at any time (rather than if a district elects to abolish its working cash fund, it shall not establish another working cash fund unless approved by the voters). Effective immediately.
House Floor Amendment No. 1: Replaces everything after the enacting clause. Reinserts the contents of the introduced bill with the following changes. Provides that the chairman and vice chairman elected by the board shall be members of the board, but the secretary elected by the board may be either a member of the board or not a member of the board, as determined by the board (instead of the secretary may be a member of the board). Provides that moneys in the working cash fund may be used for any and all community college purposes and may be transferred in whole or in part from the working cash fund to the educational fund or operations and maintenance fund (instead of moneys may be transferred from the working cash fund to the educational fund or operations and maintenance fund) only upon the authority of the board. Provides that a district shall have the authority to increase or again create (instead of just to again create) a working cash fund. Adds further provisions concerning the abatement of a working cash fund. Effective immediately.

Statutes affected:
Introduced: 110 ILCS 805/3
Engrossed: 110 ILCS 805/3
Enrolled: 110 ILCS 805/3
Public Act: 110 ILCS 805/3