Illinois Code § 105 ILCS 5/2-3.116

Electronic transfer of funds to school districts, regional
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offices of education, and other
providers. The State Board of Education shall,
in consultation with the regional superintendents of schools and
with the advice and
approval of the Comptroller, adopt and implement rules establishing a system
for the
electronic transfer of funds to school districts, regional offices of
education, and other providers entitled
to payment under programs administered by the State Board of Education.
 Beginning July 1, 2002, all payments for school districts, regional offices
of education, and other
providers
entitled to
payment under programs administered by the State Board of Education must be
disbursed by the Comptroller through electronic funds transfer, except as the
State
Board of Education otherwise directs.
 If a school district entitled to payment wishes an electronic payment to be
made to the district's regional office of education on the district's behalf,
the school board, with
the approval of the regional office of education, must provide a resolution to
the State Board of Education directing that the electronic deposit be made into
the account of the regional office of education.

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