SB0842 Engrossed

LRB095 05583 NHT 25673 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 
17
appropriations and
the amount paid from fiscal year 2003 
18
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, 
 


 






SB0842 Engrossed
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LRB095 05583 NHT 25673 b




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then the State Board of
Education shall make a fiscal year 2005 
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transitional assistance payment
to the school district in an 
3
amount equal to the difference between the
estimated amount to 
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be paid from fiscal year 2005 appropriations and
the amount 
5
paid from fiscal year 2004 appropriations.

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    (c) If the amount that
the State Board of Education will 
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pay to
a school
district from fiscal year 2006 appropriations, 
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as estimated by the State
Board of Education on April 1, 2006, 
9
is less than the amount that the
State Board of Education paid 
10
to the school district from fiscal year 2005
appropriations, 
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then the State Board of
Education shall make a fiscal year 2006 
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transitional assistance payment
to the school district in an 
13
amount equal to the difference between the
estimated amount to 
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be paid from fiscal year 2006 appropriations and
the amount 
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paid from fiscal year 2005 appropriations.

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    (d) If the amount that
the State Board of Education will 
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pay to
a school
district from fiscal year 2007 appropriations, 
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as estimated by the State
Board of Education on April 1, 2007, 
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is less than the amount that the
State Board of Education paid 
20
to the school district from fiscal year 2006
appropriations, 
21
then the State Board of
Education, subject to appropriation, 
22
shall make a fiscal year 2007 transitional assistance payment

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to the school district in an amount equal to the difference 
24
between the
estimated amount to be paid from fiscal year 2007 
25
appropriations and
the amount paid from fiscal year 2006 
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appropriations.


 


 






SB0842 Engrossed
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LRB095 05583 NHT 25673 b




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    (e) If the amount that
the State Board of Education will 
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pay to
a school
district from fiscal year 2008 appropriations, 
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as estimated by the State
Board of Education on April 1, 2008, 
4
is less than the amount that the
State Board of Education paid 
5
to the school district from fiscal year 2007
appropriations, 
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then the State Board of
Education shall make a fiscal year 2008 
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transitional assistance payment
to the school district in an 
8
amount equal to the difference between the
estimated amount to 
9
be paid from fiscal year 2008 appropriations and
the amount 
10
paid from fiscal year 2007 appropriations.

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(Source: P.A. 93-21, eff. 7-1-03; 93-838, eff. 7-30-04; 94-69, 
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eff. 7-1-05; 94-835, eff. 6-6-06.)

 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.