093_HB2439
LRB093 04761 NHT 11114 b
1 AN ACT regarding schools.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The School Construction Law is amended by
5 changing Section 5-5 as follows:
6 (105 ILCS 230/5-5)
7 Sec. 5-5. Definitions. As used in this Article:
8 "Approved school construction bonds" mean bonds that were
9 approved by referendum after January 1, 1996 but prior to
10 January 1, 1998 as provided in Sections 19-2 through 19-7 of
11 the School Code to provide funds for the acquisition,
12 development, construction, reconstruction, rehabilitation,
13 improvement, architectural planning, and installation of
14 capital facilities consisting of buildings, structures,
15 durable-equipment, and land for educational purposes.
16 "Grant index" means a figure for each school district
17 equal to one minus the ratio of the district's equalized
18 assessed valuation per pupil in average daily attendance to
19 the equalized assessed valuation per pupil in average daily
20 attendance of the district located at the 90th percentile for
21 all districts of the same category. For the purpose of
22 calculating the grant index, school districts are grouped
23 into 2 categories, Category I and Category II. Category I
24 consists of elementary and unit school districts. The
25 equalized assessed valuation per pupil in average daily
26 attendance of each school district in Category I shall be
27 computed using its grades kindergarten through 8 average
28 daily attendance figure. A unit school district's Category I
29 grant index shall be used for projects or portions of
30 projects constructed for elementary school pupils. Category
31 II consists of high school and unit school districts. The
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1 equalized assessed valuation per pupil in average daily
2 attendance of each school district in Category II shall be
3 computed using its grades 9 through 12 average daily
4 attendance figure. A unit school district's Category II
5 grant index shall be used for projects or portions of
6 projects constructed for high school pupils. The changes
7 made by this amendatory Act of the 92nd General Assembly
8 apply to all grants made on or after the effective date of
9 this amendatory Act, provided that for grants not yet made on
10 the effective date of this amendatory Act but made in fiscal
11 year 2001 and for grants made in fiscal year 2002, the grant
12 index for a school district shall be the greater of (i) the
13 grant index as calculated under this Law on or after the
14 effective date of this amendatory Act or (ii) the grant index
15 as calculated under this Law before the effective date of
16 this amendatory Act. The grant index shall be no less than
17 0.35 and no greater than 0.75 for each district; provided
18 that the grant index for districts whose equalized assessed
19 valuation per pupil in average daily attendance is at the
20 99th percentile and above for all districts of the same type
21 shall be 0.00.
22 "School construction project" means the acquisition,
23 development, construction, reconstruction, rehabilitation,
24 improvement, architectural planning, and installation of
25 capital facilities consisting of buildings, structures,
26 durable equipment, and land for educational purposes.
27 "School district" includes a cooperative high school,
28 which shall be considered a high school district for the
29 purpose of calculating its grant index.
30 "School maintenance project" means a project, other than
31 a school construction project, intended to provide for the
32 maintenance or upkeep of buildings or structures for
33 educational purposes, but does not include ongoing
34 operational costs.
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1 (Source: P.A. 91-38, eff. 6-15-99; 92-168, eff. 7-26-01.)
2 Section 99. Effective date. This Act takes effect upon
3 becoming law.