AN ACT concerning appropriations.
Be it enacted by the People of the State of Illinois, represented in the General Assembly:
Section 5. “AN ACT making appropriations”, Public Act 99-0005, approved June 24, 2015, is amending by changing Section 10 of Article 1 as follows:
(Public Act 99-0005, Art. 1, Sec. 10)
Section 10. The amount of $159,000,000
is appropriated from the General Revenue Fund to the Illinois State Board of
Education to provide a supplemental grant to entities that receive General
State Aid to limit the loss per student due to the difference between the
General State Aid claim as calculated pursuant to Section 18-8.05 and the
amount appropriated for purposes of Section 18-8.05 divided by the Average
Daily Attendance as defined in subsection (C)(2) of Section 18-8.05. This
supplemental grant shall be paid first to the entity with the greatest loss per
student, and then to the next entity with the greatest loss per student until
losses per student are reduced to their smallest possible amount given this
Section 99. Effective date. This Act takes effect upon becoming law.