Senate Sponsors: LINK-GEO-KARIS-PETERSON-CLAYBORNE-WATSON. House Sponsors: MAY-GARRETT-COULSON-MOORE-HOLBROOK Short description: SCH CD-TAX EQ GRANT-U.S. BASE Synopsis of Bill as introduced: Amends the School Code. Allows a tax-equivalent grant to be paid to a school district (other than the Chicago school district) if a United States military installation or base is located in the district. SENATE AMENDMENT NO. 1. Makes technical changes. HOUSE AMENDMENT NO. 1. Deletes everything after the enacting clause. Reinserts the contents of the bill with the following additions. Provides that the school district must have students residing on the military installation or base who are in attendance in the district. Provides that for fiscal year 2002 only, the district superintendent shall certify matters on or before September 15, 2001 or 30 days after the amendatory Act becomes law, whichever is later. Provides that the grants shall be appropriated for distribution from a separate line item. Provides that payments shall commence in fiscal year 2002. Adds an immediate effective date. FISCAL NOTE, ENGROSSED (State Board of Education) Assuming that each of the facilities owning land within the boundaries of Illinois school districts of less than 500,000 is completely within a single school district and the average value per taxable acre of the school district is the same as that of the county, the approximate cost of SB 326 is $600,035 as follows: C.M. Price Support Center (Madison County) Acres 686 Average value per acre $ 5,471 Acres times average value $ 3,753,106 0.50% $ 18,766 Great Lakes Naval Base (Lake County) Acres 1,628 Average value per acre $ 59,129 Acres times average value $ 96,262,761 0.50% $ 481,314 Rock Island Arsenal (Rock Island County) Acres 946 Average value per acre $ 5,650 Acres times average value $ 5,345,099 0.50% $ 26,725 Scott Air Force Base (St. Clair County) Acres 3,278 Average value per acre $ 4,468 Acres times average value $ 14,646,104 0.50% $ 73,231 STATE MANDATES NOTE, ENGROSSED (State Board of Education) Same as SBE fiscal note, engrossed. FISCAL NOTE, H-AM 1 (State Board of Education) Same as previous note. STATE MANDATES NOTE, H-AM 1 (State Board of Education) Same as previous note. Last action on Bill: TOTAL VETO STANDS Last action date: NOV-29-2001 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1 END OF INQUIRY Full Text Bill Status