Illinois General Assembly - Full Text of SB0505
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Full Text of SB0505  95th General Assembly

SB0505sam001 95TH GENERAL ASSEMBLY

Sen. John J. Cullerton

Filed: 2/28/2007

 

 


 

 


 
09500SB0505sam001 LRB095 09026 RAS 32361 a

1
AMENDMENT TO SENATE BILL 505

2     AMENDMENT NO. ______. Amend Senate Bill 505 by replacing
3 everything after the enacting clause with the following:
 
4     "Section 5. The School Construction Law is amended by
5 changing Section 5-5 as follows:
 
6     (105 ILCS 230/5-5)
7     Sec. 5-5. Definitions. As used in this Article:
8     "Approved school construction bonds" mean bonds that were
9 approved by referendum after January 1, 1996 but prior to
10 January 1, 1998 as provided in Sections 19-2 through 19-7 of
11 the School Code to provide funds for the acquisition,
12 development, construction, reconstruction, rehabilitation,
13 improvement, architectural planning, and installation of
14 capital facilities consisting of buildings, structures,
15 durable-equipment, and land for educational purposes.
16     "Grant index" means a figure for each school district equal

 

 

09500SB0505sam001 - 2 - LRB095 09026 RAS 32361 a

1 to one minus the ratio of the district's equalized assessed
2 valuation per pupil in average daily attendance to the
3 equalized assessed valuation per pupil in average daily
4 attendance of the district located at the 90th percentile for
5 all districts of the same category. For the purpose of
6 calculating the grant index, school districts are grouped into
7 2 categories, Category I and Category II. Category I consists
8 of elementary and unit school districts. The equalized assessed
9 valuation per pupil in average daily attendance of each school
10 district in Category I shall be computed using its grades
11 kindergarten through 8 average daily attendance figure. A unit
12 school district's Category I grant index shall be used for
13 projects or portions of projects constructed for elementary
14 school pupils. Category II consists of high school and unit
15 school districts. The equalized assessed valuation per pupil in
16 average daily attendance of each school district in Category II
17 shall be computed using its grades 9 through 12 average daily
18 attendance figure. A unit school district's Category II grant
19 index shall be used for projects or portions of projects
20 constructed for high school pupils. The changes made by this
21 amendatory Act of the 92nd General Assembly apply to all grants
22 made on or after the effective date of this amendatory Act,
23 provided that for grants not yet made on the effective date of
24 this amendatory Act but made in fiscal year 2001 and for grants
25 made in fiscal year 2002, the grant index for a school district
26 shall be the greater of (i) the grant index as calculated under

 

 

09500SB0505sam001 - 3 - LRB095 09026 RAS 32361 a

1 this Law on or after the effective date of this amendatory Act
2 or (ii) the grant index as calculated under this Law before the
3 effective date of this amendatory Act. The grant index shall be
4 no less than 0.35 and no greater than 0.75 for each district;
5 provided that the grant index for districts whose equalized
6 assessed valuation per pupil in average daily attendance is at
7 the 99th percentile and above for all districts of the same
8 type shall be 0.00. The grant index may be increased by 0.05
9 for school construction projects that receive certification
10 from the United States Green Building Council's Leadership in
11 Energy and Environmental Design Green Building Rating System or
12 the Green Building Initiative's Green Globes Green Building
13 Rating System or that meet green building standards of the
14 Capital Development Board and its Green Building Advisory
15 Committee, which must be developed on or before January 1,
16 2009.
17     "School construction project" means the acquisition,
18 development, construction, reconstruction, rehabilitation,
19 improvement, architectural planning, and installation of
20 capital facilities consisting of buildings, structures,
21 durable equipment, and land for educational purposes.
22     "School district" includes a cooperative high school,
23 which shall be considered a high school district for the
24 purpose of calculating its grant index.
25     "School maintenance project" means a project, other than a
26 school construction project, intended to provide for the

 

 

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1 maintenance or upkeep of buildings or structures for
2 educational purposes, but does not include ongoing operational
3 costs.
4 (Source: P.A. 92-168, eff. 7-26-01; 93-1094, eff. 3-29-05.)
 
5     Section 99. Effective date. This Act takes effect July 1,
6 2007.".