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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 SB1373 Introduced 2/18/2015, by Sen. Michael E. Hastings SYNOPSIS AS INTRODUCED: |
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Amends the School Code. If and only if Senate Bill 1 of the 99th General Assembly becomes law, amends the School Code to provide that the amount of State aid under the new State aid formula for which each school district is eligible shall be no less than the amount of the State aid entitlement that was received by the district under the previous State aid formula for the 2014-2015 school year. Provides that if a school district qualifies to receive a supplementary payment, the amount of State aid under the new State aid formula that the district is eligible to receive for each school year shall be no less than the amount of the State aid entitlement that was received by the district under the previous State aid formula for the 2014-2015 school year. Provides that if a school district is to receive State aid under the new State aid formula for the 2015-2016 school year and any subsequent school year that in any such school year is less than the amount of the State aid entitlement that the district received for the 2014-2015 school year, the school district shall also receive, from a separate appropriation, a supplementary payment that is equal to the amount of the difference in the State aid figures. Effective immediately or on the date Senate Bill 1 of the 99th General Assembly takes effect, whichever is later.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | SB1373 | | LRB099 08986 MLM 29163 b |
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1 | | AN ACT concerning education.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. If and only if Senate Bill 1 of the 99th General |
5 | | Assembly becomes law, the School Code is amended by adding |
6 | | Section 18-8.20 as follows: |
7 | | (105 ILCS 5/18-8.20 new) |
8 | | Sec. 18-8.20. Supplementary grants in aid. |
9 | | (a) Notwithstanding any other provision in Section 18-8.15 |
10 | | of this Code, the amount of State aid under Section 18-8.15 for |
11 | | which each school district is eligible shall be no
less than |
12 | | the amount of the State aid entitlement that was received by |
13 | | the district under Section 18-8-8.05 of this Code for the |
14 | | 2014-2015 school year, pursuant to the provisions of Section |
15 | | 18-8.05 as it was then in effect. If a school district |
16 | | qualifies to receive a supplementary payment made under this |
17 | | Section, the amount of State aid under Section 18-8.15 of this |
18 | | Code that the district is eligible to receive for each school |
19 | | year shall be no less than the amount of the State aid |
20 | | entitlement that was received by the district under Section |
21 | | 18-8-8.05 of this Code
for the 2014-2015 school year, pursuant |
22 | | to the provisions of Section 18-8.05 as it was then in effect. |
23 | | (b) If, as provided in subsection (a) of this Section, a |