CROTTY-HOLBROOK-JONES,JOHN-O'BRIEN-NOVAK, MOORE,ANDREA, PERSICO, MAUTINO, FRANKS, BEAUBIEN, SKINNER, JOHNSON,TIM, WIRSING, STEPHENS, DAVIS,STEVE, OSMOND, KRAUSE, GIGLIO, SCULLY, HARRIS, FOWLER, JOHNSON,TOM, DAVIS,MONIQUE, GARRETT, MATHIAS AND HOFFMAN. (KLEMM-LUECHTEFELD) 105 ILCS 5/18-8.05 Amends the School Code. Revises the State aid formula. Changes the manner of computing the Available Local Resources for school districts maintaining grades 9 through 12 and the manner of adjusting the equalized assessed valuation of the taxable property of those districts because of enterprise zone and other tax abatements by reducing a component of the formulas used to make those computations and adjustments to 1.00% from 1.20%. Changes the manner of determining the Low Income Concentration Level of school districts of less than 500,000 inhabitants for the 1999-2000 and 2000-2001 school years. years. Effective July 1, 1999. FISCAL NOTE (State Board of Education) General State Aid would increase by an estimated $40 million and Hold Harmless would decrease by $25 million for FY2000. Low-Income Concentration calculation change would increase GSA by $500,000 in FY2000. STATE MANDATES NOTE (State Board of Education) Same as SBE fiscal note. 99-02-11 H FIRST READING 99-02-11 H ADDED AS A JOINT SPONSOR HOLBROOK 99-02-11 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-17 H ASSIGNED TO COMMITTEE ELEM SCND ED 99-02-22 H JOINT-SPONSOR CHANGED TO JONES,JOHN 99-02-22 H JOINT-SPONSOR CHANGED TO O'BRIEN 99-02-22 H JOINT-SPONSOR CHANGED TO NOVAK 99-02-22 H ADDED AS A CO-SPONSOR MOORE,ANDREA 99-02-22 H ADDED AS A CO-SPONSOR LINDNER 99-02-24 H ADDED AS A CO-SPONSOR PERSICO 99-02-24 H ADDED AS A CO-SPONSOR MAUTINO 99-02-24 H ADDED AS A CO-SPONSOR FRANKS 99-02-24 H ADDED AS A CO-SPONSOR BEAUBIEN 99-02-24 H ADDED AS A CO-SPONSOR SKINNER 99-02-24 H ADDED AS A CO-SPONSOR JOHNSON,TIM 99-02-24 H ADDED AS A CO-SPONSOR BLACK 99-02-24 H ADDED AS A CO-SPONSOR WIRSING 99-02-24 H ADDED AS A CO-SPONSOR STEPHENS 99-02-24 H ADDED AS A CO-SPONSOR DAVIS,STEVE 99-03-01 H ADDED AS A CO-SPONSOR OSMOND 99-03-01 H ADDED AS A CO-SPONSOR KRAUSE 99-03-01 H ADDED AS A CO-SPONSOR GIGLIO 99-03-01 H ADDED AS A CO-SPONSOR REITZ 99-03-01 H ADDED AS A CO-SPONSOR SCULLY 99-03-01 H ADDED AS A CO-SPONSOR HARRIS 99-03-03 H DO PASS/SHORT DEBATE 023-000-000 HELM 99-03-03 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-03-03 H ADDED AS A CO-SPONSOR FOWLER 99-03-04 H FISCAL NOTE FILED 99-03-04 H STATE MANDATES FISCAL NOTE FILED 99-03-04 H CALENDAR ORDER 2ND READING-SHORT DEBATE 99-03-04 H ADDED AS A CO-SPONSOR JOHNSON,TOM 99-03-04 H ADDED AS A CO-SPONSOR DAVIS,MONIQUE 99-03-05 H ADDED AS A CO-SPONSOR MCCARTHY 99-03-09 H SECOND READING-SHORT DEBATE 99-03-09 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-03-10 H ADDED AS A CO-SPONSOR GARRETT 99-03-16 H THIRD READING/SHORT DEBATE/PASSED 115-000-000 99-03-16 H ADDED AS A CO-SPONSOR MATHIAS 99-03-16 H ADDED AS A CO-SPONSOR HOFFMAN 99-03-17 S ARRIVE IN SENATE 99-03-17 S PLACED CALENDAR ORDER OF FIRST READING 99-03-18 99-03-19 S CHIEF SPONSOR KLEMM 99-03-19 S ADDED AS A CHIEF CO-SPONSOR LUECHTEFELD 99-03-19 S FIRST READING 99-03-19 S REFERRED TO SENATE RULES COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary