MYERS,RICHARD-MITCHELL,JERRY-HOEFT AND FRANKS. (PETERSON-CRONIN-LINK-KLEMM-KARPIEL) 105 ILCS 5/18-8.05 Amends the School Code. In the State aid formula provisions, requires the State Board of Education to calculate the Extension Limitation Equalized Assessed Valuation of all school districts subject to property tax extension limitations as imposed under the Property Tax Extension Limitation Law (not just those districts that meet certain other criteria). Provides that the Extension Limitation Equalized Assessed Valuation shall be equal to the product of the Equalized Assessed Valuation last used in the calculation of general State aid (instead of the last calculated Extension Limitation Equalized Assessed Valuation) and the district's Extension Limitation Ratio. Effective immediately. FEB-15-2001 H FILED WITH CLERK FEB-15-2001 H FIRST READING FEB-15-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-21-2001 H ASSIGNED TO COMMITTEE APP-ELM & SEC FEB-28-2001 H DO PASS/SHORT DEBATE 016-000-000 HAPE FEB-28-2001 H PLACED CALENDAR 2ND READING-SHORT DEBATE MAR-20-2001 H PRIMARY SPONSOR CHANGED TO HOEFT MAR-20-2001 H ADDED AS A JOINT SPONSOR MITCHELL,JERRY MAR-27-2001 H PRIMARY SPONSOR CHANGED TO MYERS,RICHARD MAR-27-2001 H ADDED AS A JOINT SPONSOR HOEFT MAR-30-2001 H SECOND READING-SHORT DEBATE MAR-30-2001 H PLCD CAL ORDER 3RD READING-SHORT DEBATE APR-05-2001 H THIRD READING/SHORT DEBATE/PASSED 114-000-000 APR-05-2001 H ADDED AS A CO-SPONSOR FRANKS APR-06-2001 S ARRIVE IN SENATE APR-06-2001 S PLACED CALENDAR ORDER OF FIRST READING 01-04-17 APR-06-2001 S CHIEF SPONSOR PETERSON APR-06-2001 S ADDED AS A CHIEF CO-SPONSOR CRONIN APR-06-2001 S ADDED AS A CHIEF CO-SPONSOR LINK APR-06-2001 S ADDED AS A CHIEF CO-SPONSOR KLEMM APR-06-2001 S ADDED AS A CHIEF CO-SPONSOR KARPIEL APR-06-2001 S FIRST READING APR-06-2001 S REFERRED TO SENATE RULES COMMITTEE RULES MAY-02-2001 S ASSIGNED TO COMMITTEE EDUCATION MAY-09-2001 S DO PASS 008-000-000 SESE MAY-09-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-05-10 MAY-10-2001 S SECOND READING MAY-10-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-05-11 MAY-15-2001 S THIRD READING - PASSED 057-000-000 MAY-15-2001 H PASSED BOTH HOUSES JUN-13-2001 H SENT TO THE GOVERNOR AUG-07-2001 H GOVERNOR APPROVED AUG-07-2001 H EFFECTIVE DATE 01-08-07 AUG-07-2001 H PUBLIC ACT.............................. 92-0269 END OF INQUIRY Full Text Bill Summary