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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB6632
Introduced 02/09/04, by Robert Rita SYNOPSIS AS INTRODUCED:
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105 ILCS 5/2-3.33 |
from Ch. 122, par. 2-3.33 |
105 ILCS 5/2-3.84 |
from Ch. 122, par. 2-3.84 |
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Amends the School Code. Provides that in recomputing a general State aid
claim that
was originally calculated using an extension limitation equalized
assessed valuation, a qualifying reduction in equalized assessed
valuation shall be deducted from the extension limitation equalized
assessed valuation that was used in calculating the original claim.
Provides that in calculating the amount of State aid to be apportioned to
school districts, the State Board of Education shall incorporate and
deduct the total aggregate adjustments to assessments made by the
State Property Tax Appeal Board or Cook County Board of Appeals from
the equalized assessed valuation that is otherwise to be utilized in the
initial calculation.
Provides that from the total amount of
general State aid to be provided to schools districts, adjustments under
(i) the Section allowing recomputation of State aid claims and (ii) the Section
requiring the incorporation and deduction of adjustments to
assessments in calculating State aid
together must not exceed $30 million of the general State aid
appropriation in any fiscal year. Includes provisions concerning
proration.
Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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HB6632 |
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LRB093 16562 NHT 42208 b |
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| AN ACT regarding schools.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The School Code is amended by changing
Sections |
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| 2-3.33 and 2-3.84 as follows:
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| (105 ILCS 5/2-3.33) (from Ch. 122, par. 2-3.33)
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| Sec. 2-3.33. Recomputation of claims. To recompute within |
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| 3 years from the
final date for filing of a claim any claim for |
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| reimbursement to any school
district if the claim has been |
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| found to be incorrect and to adjust subsequent
claims |
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| accordingly, and to recompute and adjust any such claims within |
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| 6 years
from the final date for filing when there has been an |
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| adverse court or
administrative agency decision on
the merits |
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| affecting the tax revenues of the school district. However, no |
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| such
adjustment shall be made regarding equalized assessed |
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| valuation unless the
district's equalized assessed valuation |
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| is changed by greater than $250,000 or
2%.
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| Except in the case of an adverse court or administrative |
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| agency decision
no recomputation of a
State aid claim shall be |
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| made pursuant to this Section as a result of a
reduction in the |
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| assessed valuation of a school district from the assessed
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| valuation of the district reported to the State Board of |
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| Education by the
Department of Revenue under Section 18-8.05
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| 18-8 unless the
requirements of Section
16-15 of the Property |
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| Tax Code and Section 2-3.84 of this Code
Act are
complied with |
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| in all respects.
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| This paragraph applies to all requests for recomputation of |
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| a general
State aid claim received after June 30, 2004. In |
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| recomputing a general
State aid claim that was originally |
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| calculated using an extension
limitation equalized assessed |
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| valuation under paragraph (3) of
subsection (G) of Section |
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| 18-8.05 of this Code, a qualifying reduction in
equalized |
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HB6632 |
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LRB093 16562 NHT 42208 b |
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| assessed valuation shall be deducted from the extension
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| limitation equalized assessed valuation that was used in |
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| calculating the
original claim.
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| From the total amount of general State aid to be provided |
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| to
districts, adjustments as a result of recomputation under |
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| this Section
together with adjustments under Section 2-3.84 |
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| must not exceed $30
million, in the aggregate for all districts |
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| under both Sections combined,
of the general State aid |
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| appropriation in any fiscal year; if necessary,
amounts shall |
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| be prorated among districts. If it is necessary to prorate
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| claims under this paragraph, then that portion of each prorated |
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| claim that is
approved but not paid in the current fiscal year |
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| may be resubmitted as a
valid claim in the following fiscal |
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| year.
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| (Source: P.A. 88-555, eff. 7-27-94; 88-670, eff. 12-2-94;
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| 89-235, eff. 8-4-95; 89-397, eff. 8-20-95.)
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| (105 ILCS 5/2-3.84) (from Ch. 122, par. 2-3.84)
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| Sec. 2-3.84. In calculating the amount of State aid to be |
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| apportioned
to the various school districts in this State, the |
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| State Board of Education
shall incorporate and deduct the total |
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| aggregate adjustments to assessments
made by
the State Property |
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| Tax Appeal Board or Cook County Board of Appeals, as
reported |
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| pursuant to Section 16-15 of the Property Tax Code or Section
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| 129.1 of the Revenue Act of 1939 by the Department of Revenue, |
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| from the
equalized assessed valuation that is otherwise to be |
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| utilized in
the initial calculation.
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| From the total amount of general State aid to be provided |
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| to
districts, adjustments under this Section together with |
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| adjustments as a
result of recomputation under Section 2-3.33 |
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| must not exceed $30
million, in the aggregate for all districts |
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| under both Sections combined,
of the general State aid |
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| appropriation in any fiscal year; if necessary,
amounts shall |
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| be prorated among districts. If it is necessary to prorate
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| claims under this paragraph, then that portion of each prorated |
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| claim that is
approved but not paid in the current fiscal year |