Full Text of HB0755 94th General Assembly
HB0755sam004 94TH GENERAL ASSEMBLY
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Sen. James T. Meeks
Filed: 5/13/2005
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LRB094 06595 BDD 46634 a |
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| AMENDMENT TO HOUSE BILL 755
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| AMENDMENT NO. ______. Amend House Bill 755, AS AMENDED, | 3 |
| with reference to page and line numbers of Senate Amendment No. | 4 |
| 2, as follows:
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| on page 4, line 2, after " increased by ", by inserting " the | 6 |
| lesser of 3.5% or "; and | 7 |
| on page 49, line 27, after " fiscal year ", by inserting " , | 8 |
| unless the foundation level is increased by law to a higher | 9 |
| amount "; and | 10 |
| on page 79, line 9, by changing " 14-17.03 " to " 14-7.03 "; and | 11 |
| on page 79, immediately below line 19, by inserting the | 12 |
| following: | 13 |
| " (7) On the first day of each month, or as soon | 14 |
| thereafter as practical, beginning on August 1, 2006, the | 15 |
| Treasurer shall transfer to the State Board of Education | 16 |
| $2,500,000 for the purposes of making grants under Sections | 17 |
| 2-3.71, 2-3.71a, and 2-3.89 of this Code. On August 1, | 18 |
| 2007, and each August 1 thereafter, the monthly amount | 19 |
| transferred under this item (7) shall be increased by the | 20 |
| lesser of 3.5% or the percentage increase, in the previous | 21 |
| 12-month period ending on June 31, of the Consumer Price | 22 |
| Index for all Urban Consumers published by the federal |
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LRB094 06595 BDD 46634 a |
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| Bureau of Labor Statistics. "; and | 2 |
| on page 79, line 20, by changing " (7) " to " (8) ".
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