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Public Act 92-0168
HB2255 Enrolled LRB9206474NTsbA
AN ACT concerning schools.
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 type. 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 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. 90-548, eff. 1-1-98; 91-38, eff. 6-15-99.)
Section 99. Effective date. This Act takes effect upon
becoming law.
Passed in the General Assembly May 15, 2001.
Approved July 26, 2001.
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