Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

105 ILCS 5/18-8.05

Synopsis As Introduced
Amends the State aid formula provisions of the School Code. Provides that school districts for which Available Local Resources per pupil equals or exceeds the product of 2.00 times the Foundation Level are not eligible for general State aid (instead of providing that for any school district for which Available Local Resources per pupil equals or exceeds the product of 1.75 times the Foundation Level, the general State aid for the school district shall be calculated as the product of $218 multiplied by the Average Daily Attendance of the school district); makes corresponding changes. Makes changes concerning equalized assessed valuation data and the calculation of Available Local Resources. Makes changes concerning supplemental general State aid and the amount of a grant. Effective July 1, 2013.

House Committee Amendment No. 1

	Adds reference to:
	35 ILCS 200/18-185

35 ILCS 200/18-190

105 ILCS 5/19-1

105 ILCS 5/19-3

from Ch. 122, par. 19-3

105 ILCS 5/20-2

from Ch. 122, par. 20-2

105 ILCS 5/20-4

from Ch. 122, par. 20-4

105 ILCS 5/20-5

from Ch. 122, par. 20-5

Replaces everything after the enacting clause. Reinserts the contents of the bill with the following changes. Amends the Property Tax Extension Limitation Law of the Property Tax Code. Makes changes concerning (i) the definitions of "debt service extension base", "aggregate extension base", and "limiting rate" and (ii) a new rate or increased limiting rate and a direct referendum. Further amends the School Code. Makes changes concerning the debt limitations of school districts and the issuance of bonds for certain purposes. In the Working Cash Fund Article, makes changes concerning indebtedness and bonds, the use and reimbursement of the fund, and transfers to other funds. Effective July 1, 2013.

Actions 

Date	Chamber	Action
2/26/2013	House	Filed with the Clerk by Rep. William Davis
2/26/2013	House	First Reading
2/26/2013	House	Referred to Rules Committee
3/11/2013	House	Assigned to Elementary & Secondary Education Committee
3/13/2013	House	House Committee Amendment No. 1 Filed with Clerk by Rep. William Davis
3/13/2013	House	House Committee Amendment No. 1 Referred to Rules Committee
3/14/2013	House	House Committee Amendment No. 1 Rules Refers to Elementary & Secondary Education Committee
3/20/2013	House	House Committee Amendment No. 1 Adopted in Elementary & Secondary Education Committee; by Voice Vote
3/20/2013	House	Remains in Elementary & Secondary Education Committee
3/22/2013	House	Rule 19(a) / Re-referred to Rules Committee
12/3/2014	House	Session Sine Die

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