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 Full Text Bill Summary