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Sbe Spec Trust Fund-royalties

It became law on May 13, 2022.

IL HB 5003 · House Bill · 102nd

Stage
Became law
Started in
House
Sponsors
Latest action
May 13, 2022

What it does

Amends the School Code to require the State Board of Education to deposit any royalty payments received as a result of licensing agreements or any other agreements entered into by the State Board of Education, unless specifically directed to be deposited into other funds, into the State Board of Education Special Purpose Trust Fund. Effective immediately.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    May 13, 2022

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Illinois. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

SBE SPEC TRUST FUND-ROYALTIES | 52