Bill Status of HB0674 94th General Assembly
Short Description: SCH CD-ST AID-FOUNDATION LEVEL
Rep. Bill Mitchell
| 1/9/2007||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the School Code. In the State aid formula provisions, provides that the foundation level of support for each school year after the 2004-2005 school year shall be equal to the foundation level of support for the preceding school year, increased by (i) the percentage increase, if any, in the Consumer Price Index for All Urban Consumers for all items or (ii) 3%, whichever is greater. Effective immediately.