Public Act 093-1094
 
HB0768 Enrolled LRB093 05400 NHT 05490 b

    AN ACT in relation to education.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The School Construction Law is amended by
changing Section 5-5 as follows:
 
    (105 ILCS 230/5-5)
    Sec. 5-5. Definitions. As used in this Article:
    "Approved school construction bonds" mean bonds that were
approved by referendum after January 1, 1996 but prior to
January 1, 1998 as provided in Sections 19-2 through 19-7 of
the School Code to provide funds for the acquisition,
development, construction, reconstruction, rehabilitation,
improvement, architectural planning, and installation of
capital facilities consisting of buildings, structures,
durable-equipment, and land for educational purposes.
    "Grant index" means a figure for each school district equal
to one minus the ratio of the district's equalized assessed
valuation per pupil in average daily attendance to the
equalized assessed valuation per pupil in average daily
attendance of the district located at the 90th percentile for
all districts of the same category. For the purpose of
calculating the grant index, school districts are grouped into
2 categories, Category I and Category II. Category I consists
of elementary and unit school districts. The equalized assessed
valuation per pupil in average daily attendance of each school
district in Category I shall be computed using its grades
kindergarten through 8 average daily attendance figure. A unit
school district's Category I grant index shall be used for
projects or portions of projects constructed for elementary
school pupils. Category II consists of high school and unit
school districts. The equalized assessed valuation per pupil in
average daily attendance of each school district in Category II
shall be computed using its grades 9 through 12 average daily
attendance figure. A unit school district's Category II grant
index shall be used for projects or portions of projects
constructed for high school pupils. The changes made by this
amendatory Act of the 92nd General Assembly apply to all grants
made on or after the effective date of this amendatory Act,
provided that for grants not yet made on the effective date of
this amendatory Act but made in fiscal year 2001 and for grants
made in fiscal year 2002, the grant index for a school district
shall be the greater of (i) the grant index as calculated under
this Law on or after the effective date of this amendatory Act
or (ii) the grant index as calculated under this Law before the
effective date of this amendatory Act. The grant index shall be
no less than 0.35 and no greater than 0.75 for each district;
provided that the grant index for districts whose equalized
assessed valuation per pupil in average daily attendance is at
the 99th percentile and above for all districts of the same
type shall be 0.00.
    "School construction project" means the acquisition,
development, construction, reconstruction, rehabilitation,
improvement, architectural planning, and installation of
capital facilities consisting of buildings, structures,
durable equipment, and land for educational purposes.
    "School district" includes a cooperative high school,
which shall be considered a high school district for the
purpose of calculating its grant index.
    "School maintenance project" means a project, other than a
school construction project, intended to provide for the
maintenance or upkeep of buildings or structures for
educational purposes, but does not include ongoing operational
costs.
(Source: P.A. 91-38, eff. 6-15-99; 92-168, eff. 7-26-01.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 03/29/2005