DEMUZIO-MADIGAN,L-OBAMA. 105 ILCS 5/18-8.05 Amends the School Code. Requires the State Board of Education to conduct an analysis to determine if the funding gap between school districts with high equalized assessed valuations and school districts with low equalized assessed valuations has been narrowed as a result of the foundation levels established by the State aid formula provisions for the 1998-1999 and 1999-2000 school years. After the analysis is completed, requires the State Board of Education to report its findings to the Education Funding Advisory Board. Effective immediately. 00-02-09 S FIRST READING 00-02-09 S REFERRED TO SENATE RULES COMMITTEE RULES 00-02-15 S ADDED AS A CHIEF CO-SPONSOR OBAMA 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary