Illinois General Assembly - Bill Status for HB5028
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 Bill Status of HB5028  101st General Assembly


Short Description:  SCH CD-PLANT CLOSURE GRANTS

House Sponsors
Rep. Avery Bourne - Norine K. Hammond

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
105 ILCS 5/2-3.170
105 ILCS 5/2-3.170a new


Synopsis As Introduced
Amends the School Code. Requires the State Board of Education to provide grants to eligible school districts to recoup lost revenue due to an industrial facility or plant closure that is the result of a change in State law or rules. Provides that in order to be eligible for a grant, the industrial facility or plant closure must result in the school district losing at least 15% of its local resource revenue in the preceding tax year during the tax year in which the industrial facility or plant closure takes place. Provides that funding for grants shall come from funds appropriated to the State Board of Education for property tax relief pool grants and a school district is eligible for a grant in the amount of 50% of the lost revenue due to the industrial facility or plant closure. Provides for rulemaking. Effective immediately.

Actions 
DateChamber Action
  2/13/2020HouseFiled with the Clerk by Rep. Avery Bourne
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  3/4/2020HouseAdded Chief Co-Sponsor Rep. Norine K. Hammond
  3/12/2020HouseAssigned to Appropriations-Elementary & Secondary Education Committee
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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