KARPIEL-SIEBEN-KLEMM AND DILLARD. (COWLISHAW-KOSEL-MCAULIFFE-WOOD-COULSON) 105 ILCS 5/18-8 from Ch. 122, par. 18-8 Amends the School Code. Adjusts the equalized assessed value used to compute general State aid for school districts subject to the Property Tax Extension Limitation Law. Provides that if as a result of that adjustment in a district's equalized assessed value the district's State aid for any school year would be less than it would have been had the adjustment not been made, that a supplementary payment shall be made to the district for that school year equal to that difference, subject to a proportionate abatement in the supplementary payment if the amount appropriated for those supplementary payments to all school districts entitled to receive them is insufficient to allow a full supplementary payment to be made to made to each such district. Effective immediately. SENATE AMENDMENT NO. 1. Provides that the State aid payable to a school district as a result of the required adjustment shall be appropriated as a separate and distinct line item. 97-02-06 S FIRST READING 97-02-06 S REFERRED TO SENATE RULES COMMITTEE RULES 97-02-19 S ASSIGNED TO COMMITTEE EDUCATION 97-02-27 S POSTPONED 97-03-05 S AMENDMENT NO. 01-EDUCATION S 97-03-05 S ADOPTED 97-03-05 S DO PASS AS AMENDED 007-002-000 SESE 97-03-05 S PLACED ON CALENDAR ORDER OF 2ND READING 97-03-06 97-03-11 S SECOND READING 97-03-11 S PLACED ON CALENDAR ORDER OF 3RD READING 97-03-12 97-03-19 S ADDED AS A CHIEF CO-SPONSOR KLEMM 97-03-19 S ADDED AS A CO-SPONSOR DILLARD 97-03-19 S VERIFIED 97-03-19 S THIRD READING - PASSED 033-019-000 97-03-19 H ARRIVE IN HOUSE 97-03-19 H PLACED CALENDAR ORDER OF FIRST READING 97-03-20 H HOUSE SPONSOR PANKAU 97-03-20 H FIRST READING 97-03-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-21 H ASSIGNED TO COMMITTEE ELEM SCND ED 97-03-21 H ALTERNATE PRIMARY SPONSOR CHANGED TO COWLISHAW 97-04-30 H ADDED AS A JOINT SPONSOR KOSEL 97-04-30 H ADDED AS A JOINT SPONSOR MCAULIFFE 97-04-30 H ADDED AS A JOINT SPONSOR WOOD 97-04-30 H ADDED AS A JOINT SPONSOR COULSON 97-05-08 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary