Public Act 1094 93RD GENERAL ASSEMBLY
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Public Act 093-1094 |
| HB0768 Enrolled |
LRB093 05400 NHT 05490 b |
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AN ACT in relation to education.
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Be it enacted by the People of the State of Illinois, |
represented in the General Assembly:
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Section 5. The School Construction Law is amended by |
changing Section 5-5 as follows:
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(105 ILCS 230/5-5)
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Sec. 5-5. Definitions. As used in this Article:
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"Approved school construction bonds" mean bonds that were |
approved by
referendum after January 1, 1996 but prior to |
January 1, 1998 as provided in
Sections 19-2 through 19-7 of |
the School Code to provide funds for the
acquisition, |
development, construction, reconstruction, rehabilitation,
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improvement, architectural planning, and installation of |
capital facilities
consisting of buildings, structures, |
durable-equipment, and land for
educational purposes.
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"Grant index" means a figure for each school district equal |
to one minus the
ratio of the district's equalized assessed |
valuation per pupil in average daily
attendance to the |
equalized assessed valuation per pupil in average daily
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attendance of the district located at the 90th percentile for |
all districts of
the same category.
For the purpose of |
calculating the grant index, school districts are
grouped
into |
2 categories, Category I and Category II. Category I consists |
of
elementary and unit school districts. The equalized assessed |
valuation
per pupil in average daily attendance of each school |
district in Category I
shall be computed using its grades |
kindergarten through 8 average daily
attendance figure. A unit |
school district's Category I grant index shall be
used
for |
projects or portions of projects constructed for elementary |
school
pupils. Category II consists of high school and unit |
school districts. The
equalized assessed valuation per pupil in |
average daily attendance of
each school district in Category II |
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shall be computed using its grades 9
through 12 average daily |
attendance figure. A unit school district's Category
II
grant |
index shall be used for projects or portions of projects |
constructed
for high school pupils.
The changes made by this |
amendatory Act of the 92nd General Assembly apply
to all grants |
made on or after the effective date of this amendatory Act,
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provided that for grants not yet made on the effective date of |
this amendatory
Act but made in fiscal year 2001 and for grants |
made
in fiscal year 2002, the grant index for a school district |
shall be the
greater of (i) the grant index as calculated under |
this Law on or after the
effective date of this amendatory
Act |
or (ii) the grant index as calculated under this Law before the |
effective
date of this
amendatory Act.
The grant index shall be |
no less than 0.35 and no greater than
0.75 for each district; |
provided that the grant index for districts whose
equalized |
assessed valuation per pupil in average daily attendance is at |
the
99th percentile and above for all districts of the same |
type shall be 0.00.
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"School construction project" means the acquisition, |
development,
construction, reconstruction, rehabilitation, |
improvement, architectural
planning, and installation of |
capital facilities consisting of buildings,
structures, |
durable equipment, and land for educational purposes.
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"School district" includes a cooperative high school, |
which shall be considered a high school district for the |
purpose of calculating its grant index.
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"School maintenance project" means a project, other than a |
school
construction project, intended to provide for the |
maintenance or upkeep
of buildings or structures for |
educational purposes, but does not include
ongoing operational |
costs.
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(Source: P.A. 91-38, eff. 6-15-99; 92-168, eff. 7-26-01.)
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Section 99. Effective date. This Act takes effect upon |
becoming law. |
Effective Date: 03/29/2005