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state_legiscan_drain · IL

SCH CD-CHARTER SCHOOL-CLOSURE

February 4, 2026

Summary

If enacted, this bill would impose new financial security and closure procedures on charter school operators in Illinois, including requirements for closure security and financial remediation plans. It does not directly affect mortgage lending or financial services.

Source: https://www.ilga.gov/Legislation/BillStatus?DocNum=3391&GAID=18&DocTypeID=SB&SessionID=114&GA=104

Common questions

What does "SCH CD-CHARTER SCHOOL-CLOSURE" cover?
If enacted, this bill would impose new financial security and closure procedures on charter school operators in Illinois, including requirements for…
When was it published?
It was published on February 4, 2026.

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