JACOBS. 105 ILCS 5/18-8.05 105 ILCS 5/19-1 from Ch. 122, par. 19-1 105 ILCS 230/5-15 105 ILCS 230/5-20 Amends the School Code and the School Construction Law. In the State aid formula provisions, changes a component used to calculate local property tax revenues per pupil for school districts maintaining grades 9 through 12 and a component used to adjust the real property equalized assessed valuation for a school district maintaining grades 9 through 12. In provisions concerning supplemental general State aid, changes the manner of determining the Low Income Concentration Level of school districts of less than 500,000 inhabitants for the 2000-2001 and 2001-2002 school years. Requires the Capital Development Board to certify to a school district that has been issued a grant entitlement for a school construction project the amount of the project cost that the district will be required to finance with non-grant funds. Authorizes such a district, if it has no unused bonding capacity or if its remaining bonding capacity is less than the amount certified by the Capital Development Board, to by referendum incur additional indebtedness by the issuance of school construction project bonds in an amount not exceeding the project cost that the district must finance with non-grant funds. Makes other related changes. Effective immediately. 99-02-11 S FIRST READING 99-02-11 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-17 S ASSIGNED TO COMMITTEE EDUCATION 99-02-25 S POSTPONED 99-03-03 S TO SUBCOMMITTEE 99-03-03 S COMMITTEE EDUCATION 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary