90th General Assembly
Summary of SB0244
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Senate Sponsors:

Short description: 
SCH CD-STATE AID-EAV ADJUST                                                

Synopsis of Bill as introduced:
        Amends the School Code.  Provides that the 1996-97 State aid of a      
   district shall be computed using its 1995 EAV if its 1995  EAV  is  at      
   least  6%  less than its 1994 EAV because of a reduction in the EAV of      
   the taxable property within the district of  any  one  taxpayer  whose      
   taxable  property within the district had a 1994 EAV that was at least      
   14% of  the  1994  EAV  of  all  taxable  property  in  the  district.      
   Effective immediately.                                                      
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

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


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