92nd General Assembly
Status of HB0449
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HANNIG-CURRY,JULIE-FRANKS-CROTTY-HAMOS, FOWLER, FORBY, 
   FRITCHEY, SMITH,MICHAEL, HOFFMAN, NOVAK, GILES AND TURNER,ART.

(PETKA-RADOGNO)

   105 ILCS 5/18-8.05                                                          

        Amends the School Code.  In the  State  aid  formula  provisions,      
   changes  a component used to calculate local property tax revenues per      
   pupil for school districts maintaining grades kindergarten through  12      
   (from  3.00%  to  2.95%)  and  for school districts maintaining grades      
   kindergarten through 8 (from 2.30% to  2.25%).   Changes  a  component      
   used  to  adjust  the real property equalized assessed valuation for a      
   school district maintaining grades kindergarten through 12 (from 3.00%      
   to 2.95%) and for a school district  maintaining  grades  kindergarten      
   through 8 (from 2.30% to 2.25%).  Effective July 1, 2001.                   
          FISCAL NOTE (State Board of Education)                               
          If this legislation were applied to FY01, GSA would increase         
          by $56.6 Million and Hold Harmless would decrease $9.1 Million       
          for  a net increase of $47.5 Million. Chicago #299 would have        
          received an additional $16.4 Million.                                
          STATE MANDATES NOTE (State Board of Education)                       
          Same as previous fiscal note.                                        
   JAN-30-2001  H  FILED WITH CLERK                                               
   JAN-30-2001  H  ADDED AS A JOINT SPONSOR                 CURRY,JULIE           
   JAN-30-2001  H  ADDED AS A JOINT SPONSOR                 FRANKS                
   JAN-30-2001  H  ADDED AS A JOINT SPONSOR                 CROTTY                
   JAN-30-2001  H  ADDED AS A JOINT SPONSOR                 HAMOS                 
   JAN-30-2001  H  FIRST READING                                                  
   JAN-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2001  H       ASSIGNED TO COMMITTEE               APP-ELM & SEC         
   FEB-14-2001  H  ADDED AS A CO-SPONSOR                    FOWLER                
   FEB-14-2001  H  ADDED AS A CO-SPONSOR                    FORBY                 
   FEB-14-2001  H  ADDED AS A CO-SPONSOR                    ERWIN                 
   FEB-22-2001  H  DO PASS/SHORT DEBATE                     016-000-000   HAPE    
   FEB-22-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   FEB-22-2001  H                     FISCAL NOTE REQUESTED BLACK                 
   FEB-22-2001  H  STATE MANDATES FISCAL NOTE REQUESTED     BLACK                 
   FEB-22-2001  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   FEB-22-2001  H  ADDED AS A CO-SPONSOR                    FRITCHEY              
   FEB-22-2001  H  ADDED AS A CO-SPONSOR                    SMITH,MICHAEL         
   FEB-26-2001  H                         FISCAL NOTE FILED                       
   FEB-26-2001  H  STATE MANDATES FISCAL NOTE FILED                               
   FEB-26-2001  H  CALENDAR ORDER 2ND READING-SHORT DEBATE                        
   FEB-27-2001  H  SECOND READING-SHORT DEBATE                                    
   FEB-27-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   FEB-28-2001  H  THIRD READING/SHORT DEBATE/PASSED        115-001-000           
   FEB-28-2001  H  ADDED AS A CO-SPONSOR                    HOFFMAN               
   FEB-28-2001  H  ADDED AS A CO-SPONSOR                    NOVAK                 
   FEB-28-2001  H  ADDED AS A CO-SPONSOR                    GILES                 
   FEB-28-2001  H  ADDED AS A CO-SPONSOR                    TURNER,ART            
   MAR-01-2001  S  ARRIVE IN SENATE                                               
   MAR-01-2001  S  PLACED CALENDAR ORDER OF FIRST READING   01-03-06              
   MAR-01-2001  S  CHIEF SPONSOR                            PETKA                 
   MAR-01-2001  S  FIRST READING                                                  
   MAR-01-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   MAR-20-2001  S  ADDED AS A CHIEF CO-SPONSOR              RADOGNO               
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



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