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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB1273
Introduced 2/15/2007, by Rep. Michael Tryon SYNOPSIS AS INTRODUCED: |
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Amends the School Code. Provides that if the amount that the State Board of Education will pay to a school district from fiscal year 2008 appropriations, as estimated on April 1, 2008, is less than the amount that the State Board paid to the district from fiscal year 2007 appropriations, then the State Board shall make a fiscal year 2008 transitional assistance payment to the district in an amount equal to the difference between the estimated amount to be paid from fiscal year 2008 appropriations and the amount paid from fiscal year 2007 appropriations. Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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HB1273 |
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LRB095 10166 RAS 30380 b |
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| AN ACT concerning education.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The School Code is amended by changing Section |
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| 2-3.131 as follows:
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| (105 ILCS 5/2-3.131)
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| Sec. 2-3.131. Transitional assistance payments.
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| (a) If the amount that
the State Board of Education will |
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| pay to
a school
district from fiscal year 2004 appropriations, |
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| as estimated by the State
Board of Education on April 1, 2004, |
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| is less than the amount that the
State Board of Education paid |
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| to the school district from fiscal year 2003
appropriations, |
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| then, subject to appropriation, the State Board of
Education |
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| shall make a fiscal year 2004 transitional assistance payment
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| to the school district in an amount equal to the difference |
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| between the
estimated amount to be paid from fiscal year 2004 |
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| appropriations and
the amount paid from fiscal year 2003 |
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| appropriations.
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| (b) If the amount that
the State Board of Education will |
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| pay to
a school
district from fiscal year 2005 appropriations, |
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| as estimated by the State
Board of Education on April 1, 2005, |
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| is less than the amount that the
State Board of Education paid |
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| to the school district from fiscal year 2004
appropriations, |