Full Text of SB0842 095th General Assembly
SB0842eng 95TH GENERAL ASSEMBLY
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SB0842 Engrossed |
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LRB095 05583 NHT 25673 b |
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| AN ACT concerning education.
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| Be it enacted by the People of the State of Illinois, | 3 |
| represented in the General Assembly:
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| Section 5. The School Code is amended by changing Section | 5 |
| 2-3.131 as follows:
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| (105 ILCS 5/2-3.131)
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| Sec. 2-3.131. Transitional assistance payments.
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| (a) If the amount that
the State Board of Education will | 9 |
| pay to
a school
district from fiscal year 2004 appropriations, | 10 |
| as estimated by the State
Board of Education on April 1, 2004, | 11 |
| is less than the amount that the
State Board of Education paid | 12 |
| to the school district from fiscal year 2003
appropriations, | 13 |
| then, subject to appropriation, the State Board of
Education | 14 |
| shall make a fiscal year 2004 transitional assistance payment
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| to the school district in an amount equal to the difference | 16 |
| between the
estimated amount to be paid from fiscal year 2004 | 17 |
| appropriations and
the amount paid from fiscal year 2003 | 18 |
| appropriations.
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| (b) If the amount that
the State Board of Education will | 20 |
| pay to
a school
district from fiscal year 2005 appropriations, | 21 |
| as estimated by the State
Board of Education on April 1, 2005, | 22 |
| is less than the amount that the
State Board of Education paid | 23 |
| to the school district from fiscal year 2004
appropriations, |
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SB0842 Engrossed |
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LRB095 05583 NHT 25673 b |
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| then the State Board of
Education shall make a fiscal year 2005 | 2 |
| transitional assistance payment
to the school district in an | 3 |
| amount equal to the difference between the
estimated amount to | 4 |
| be paid from fiscal year 2005 appropriations and
the amount | 5 |
| paid from fiscal year 2004 appropriations.
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| (c) If the amount that
the State Board of Education will | 7 |
| pay to
a school
district from fiscal year 2006 appropriations, | 8 |
| as estimated by the State
Board of Education on April 1, 2006, | 9 |
| is less than the amount that the
State Board of Education paid | 10 |
| to the school district from fiscal year 2005
appropriations, | 11 |
| then the State Board of
Education shall make a fiscal year 2006 | 12 |
| transitional assistance payment
to the school district in an | 13 |
| amount equal to the difference between the
estimated amount to | 14 |
| be paid from fiscal year 2006 appropriations and
the amount | 15 |
| paid from fiscal year 2005 appropriations.
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| (d) If the amount that
the State Board of Education will | 17 |
| pay to
a school
district from fiscal year 2007 appropriations, | 18 |
| as estimated by the State
Board of Education on April 1, 2007, | 19 |
| is less than the amount that the
State Board of Education paid | 20 |
| to the school district from fiscal year 2006
appropriations, | 21 |
| then the State Board of
Education, subject to appropriation, | 22 |
| shall make a fiscal year 2007 transitional assistance payment
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| to the school district in an amount equal to the difference | 24 |
| between the
estimated amount to be paid from fiscal year 2007 | 25 |
| appropriations and
the amount paid from fiscal year 2006 | 26 |
| appropriations.
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SB0842 Engrossed |
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LRB095 05583 NHT 25673 b |
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| (e) If the amount that
the State Board of Education will | 2 |
| pay to
a school
district from fiscal year 2008 appropriations, | 3 |
| as estimated by the State
Board of Education on April 1, 2008, | 4 |
| is less than the amount that the
State Board of Education paid | 5 |
| to the school district from fiscal year 2007
appropriations, | 6 |
| then the State Board of
Education shall make a fiscal year 2008 | 7 |
| transitional assistance payment
to the school district in an | 8 |
| amount equal to the difference between the
estimated amount to | 9 |
| be paid from fiscal year 2008 appropriations and
the amount | 10 |
| paid from fiscal year 2007 appropriations.
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| (Source: P.A. 93-21, eff. 7-1-03; 93-838, eff. 7-30-04; 94-69, | 12 |
| eff. 7-1-05; 94-835, eff. 6-6-06.)
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| Section 99. Effective date. This Act takes effect upon | 14 |
| becoming law.
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