Bill Status of HB 4948   101st General Assembly

Short Description:  ACCELERATION OF SCHOOL FUNDING

House Sponsors
Rep. William Davis-Mark Batinick-Avery Bourne

Last Action  View All Actions

DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/16-158from Ch. 108 1/2, par. 16-158
40 ILCS 5/17-127from Ch. 108 1/2, par. 17-127
40 ILCS 5/17-129from Ch. 108 1/2, par. 17-129
40 ILCS 15/1.1
40 ILCS 15/1.10 new
105 ILCS 5/18-8.15

Synopsis As Introduced
Amends the Downstate and Chicago Teacher Articles of the Illinois Pension Code to require school districts to pay the employer normal cost of benefits beginning in fiscal year 2021. Amends the State Pension Funds Continuing Appropriation Act to appropriate from the Common School Fund to the State Board of Education, on a continuing annual basis beginning with fiscal year 2021, the amount certified as the employer normal cost, to be distributed by the State Board of Education under the evidence-based funding formula provisions of the School Code. Amends the evidence-based funding formula provisions of the School Code to make changes concerning the employee benefit investments calculation and the Base Funding Minimum calculation. Effective immediately.

Actions 
DateChamber Action
  2/13/2020HouseFiled with the Clerk by Rep. William Davis
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  2/26/2020HouseAdded Chief Co-Sponsor Rep. Mark Batinick
  2/26/2020HouseAdded Chief Co-Sponsor Rep. Avery Bourne
  3/3/2020HouseAssigned to Appropriations-Elementary & Secondary Education Committee
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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