Illinois General Assembly - Bill Status for HB2787
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 Bill Status of HB2787  102nd General Assembly


Short Description:  ACCELERATION OF SCHOOL FUNDING

House Sponsors
Rep. William Davis

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
40 ILCS 5/16-158from Ch. 108 1/2, par. 16-158
40 ILCS 5/17-127from Ch. 108 1/2, par. 17-127
105 ILCS 5/18-8.15


Synopsis As Introduced
Amends the evidence-based funding formula provisions of the School Code to make changes concerning the employee benefit investments calculation and the Adjusted Base Funding Minimum calculation in relation to the employer normal cost of teacher pensions and the Base Funding Minimum calculation in relation to excess State payments. Amends the Downstate and Chicago Teacher Articles of the Illinois Pension Code to make related changes. Effective immediately.

Actions 
DateChamber Action
  2/18/2021HouseFiled with the Clerk by Rep. William Davis
  2/19/2021HouseFirst Reading
  2/19/2021HouseReferred to Rules Committee
  3/9/2021HouseAssigned to Appropriations-Elementary & Secondary Education Committee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

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