Full Text of HB2411 97th General Assembly
HB2411ham001 97TH GENERAL ASSEMBLY | Rep. Roger L. Eddy Filed: 3/29/2011
| | 09700HB2411ham001 | | LRB097 07697 NHT 52947 a |
|
| 1 | | AMENDMENT TO HOUSE BILL 2411
| 2 | | AMENDMENT NO. ______. Amend House Bill 2411 by replacing | 3 | | everything after the enacting clause with the following:
| 4 | | "Section 5. The School Construction Law is amended by | 5 | | changing Section 5-35 as follows:
| 6 | | (105 ILCS 230/5-35)
| 7 | | Sec. 5-35. School construction project grant amounts; | 8 | | permitted
use; prohibited use. | 9 | | (a) The product of the district's grant index and the
| 10 | | recognized project cost, as determined by the Capital | 11 | | Development Board, for an
approved school construction project | 12 | | shall equal the amount of the grant the
Capital Development | 13 | | Board shall provide to the eligible district. However, with | 14 | | respect to a school district that (i) has an approved school | 15 | | construction project for which a grant entitlement was issued | 16 | | for Fiscal Year 2003 or any fiscal year thereafter, but a grant |
| | | 09700HB2411ham001 | - 2 - | LRB097 07697 NHT 52947 a |
|
| 1 | | is not be awarded until after Fiscal Year 2011, and (ii) passes | 2 | | a referendum at any time from the date of this amendatory Act | 3 | | of the 97th General Assembly through July 1, 2014 to reorganize | 4 | | or form a cooperative high school under Section 10-22.22c of | 5 | | this Code with one or more surrounding school districts, 0.25 | 6 | | must be added to the grant index used to determine the | 7 | | district's grant amount; provided that the maximum amount of | 8 | | the grant must be the recognized project cost. In order to | 9 | | benefit from this increased grant index, however, the | 10 | | reorganization must result from either an elementary or high | 11 | | school district reorganizing, in accordance with Article 11E of | 12 | | this Code, into a unit school district or a unit school | 13 | | district reorganizing, in accordance with Article 11E of this | 14 | | Code, with one or more other unit school districts; and the | 15 | | newly reorganized district must have an enrollment of no less | 16 | | than 500 students. The grant
index shall not be used in cases | 17 | | where the General Assembly and the Governor
approve | 18 | | appropriations designated for specifically identified school | 19 | | district
construction projects.
| 20 | | The average of the grant indexes of the member districts in | 21 | | a joint agreement shall be used to calculate the amount of a | 22 | | school construction project grant awarded to an eligible Type | 23 | | 40 area vocational center.
| 24 | | (b) In each fiscal year in which school construction | 25 | | project grants are
awarded, 20% of the total amount awarded | 26 | | statewide shall be awarded to a school
district with a |
| | | 09700HB2411ham001 | - 3 - | LRB097 07697 NHT 52947 a |
|
| 1 | | population exceeding 500,000, provided such district complies
| 2 | | with the provisions of this Article.
| 3 | | In addition to the uses otherwise authorized by this Law, | 4 | | any school
district with a population exceeding 500,000 is | 5 | | authorized to use any or all
of the school construction project | 6 | | grants (i) to pay debt service, as defined
in the Local | 7 | | Government Debt Reform Act, on bonds, as defined in the Local
| 8 | | Government Debt Reform Act, issued to finance one or more | 9 | | school construction
projects and (ii) to the extent that any | 10 | | such bond is a lease or other
installment or financing contract | 11 | | between the school district and a public
building commission | 12 | | that has issued bonds to finance one or more qualifying
school | 13 | | construction projects, to make lease payments under the lease.
| 14 | | (b-5) In addition to the uses otherwise authorized by this | 15 | | Law, any school district that (1) was organized prior to 1860 | 16 | | and (2) is located in part in a city originally incorporated | 17 | | prior to 1840 is authorized to use any or all of the school | 18 | | construction project grants (i) to pay debt service on bonds, | 19 | | as those terms are defined in the Local Government Debt Reform | 20 | | Act, that are issued to finance one or more school construction | 21 | | projects and (ii) to the extent that any such bond is a lease | 22 | | or other installment or financing contract between the school | 23 | | district and a public building commission that has issued bonds | 24 | | to finance one or more qualifying school construction projects, | 25 | | to make lease payments under the lease. | 26 | | (c) No portion of a school construction project grant |
| | | 09700HB2411ham001 | - 4 - | LRB097 07697 NHT 52947 a |
|
| 1 | | awarded by the
Capital Development Board shall be used by a | 2 | | school district for any
on-going operational costs.
| 3 | | (Source: P.A. 96-731, eff. 8-25-09; 96-1467, eff. 8-20-10.)
| 4 | | Section 99. Effective date. This Act takes effect July 1, | 5 | | 2011.".
|
|