MILLER AND MITCHELL,JERRY.
Synopsis of Bill as introduced:
Amends the School Code. Makes a technical change in a Section
concerning the State aid formula.
FISCAL NOTE, H-AM 1 (State Board of Education)
There are currently a number school districts that might be-
come eligible for this supplemental State aid because of po-
tential bankruptcies involving steel companies. It is almost
impossible to estimate the number and size of such bankruptcies
over time. Currently, Granite City CUSD #9 would be eligible
for this payment at a cost of approximately $1 million for each
year that the entity is in bankruptcy.
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
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