90th General Assembly
Summary of HB2462
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House Sponsors:
GRANBERG.

Short description: 
SCHOOL CODE-STATE AID FORMULA                                              

Synopsis of Bill as introduced:
        Amends the School Code.  In the State aid formula  applicable  to      
   the 1998-99 and subsequent school years, provides that for purposes of      
   computing  general State aid of a school district or the general State      
   aid entitlement of a laboratory or  alternative  school,  the  average      
   daily  attendance  of  all  pupils  in  grades  9  through 12 shall be      
   multiplied by 1.25 and the average daily attendance of all  pupils  in      
   grades  7  and  8  shall  be  multiplied by 1.05.  Makes other related      
   changes.  Effective July 1, 1998.                                           
          FISCAL NOTE (State Board of Education)                               
          Approximately $430 M additional funding would be required.           
          STATE MANDATES FISCAL NOTE (State Board of Education)                
          No change from SBE fiscal note.                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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