90th General Assembly
Summary of HB3055
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Short description: 
SCH CD-ST AID-LOW INCOME                                                   

Synopsis of Bill as introduced:
        Amends the School Code.  In the State aid formula  applicable  to      
   the  1997-98  school  year  and in the State aid formula applicable to      
   subsequent school years, provides that the low-income  eligible  pupil      
   count  used  to  compute  the  supplemental  State aid grant of a high      
   school district meeting certain criteria shall be determined using the      
   district's low-income eligible pupil count from the earlier of  the  2      
   most  recent  federal  censuses.   Effective  immediately,  except the      
   change to  the  State  aid  formula  applicable  to  the  1998-99  and      
   subsequent school years takes effect July 1, 1998.                          
          FISCAL NOTE (State Board of Education)                               
          St. Anne's low income concentration would increase from 23.75%       
          ($45,600 grant) to 126.25% ($575,700 grant), requiring an ad-        
          ditional state cost of $530,000.                                     
          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


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