DAVIS,STEVE. 105 ILCS 5/19-1 from Ch. 122, par. 19-1 Amends the School Code. Replaces the long title of an Act with the Act's short title in a Section of the School Code relating to debt limitations of school districts. FISCAL NOTE (State Board of Education) No fiscal impact until substantive language is added. STATE MANDATES FISCAL NOTE (State Board of Education) No change from SBE fiscal note. HOUSE AMENDMENT NO. 1. Deletes reference to: 105 ILCS 5/19-1 Adds reference to: 105 ILCS 5/18-8 from Ch. 122, par. 18-8 Changes the title and replaces everything after the enacting clause. Adds provisions amending the School Code. Provides that the 1996-97 State aid of a district shall be computed using its 1995 EAV if its 1995 EAV is at least 4.6% less than its 1994 EAV because of a reduction in the EAV of the taxable property within the district of any one taxpayer whose taxable property within the district had a 1994 EAV that was at least 14% of the 1994 EAV of all taxable property in the district. Adds an immediate effective date. BALANCED BUDGET NOTE HB1097, amended, does not authorize, increase, decrease, or re- allocate any general funds appropriation for FY97. FISCAL NOTE (State Bd. of Ed.) An estimated $1,252,643 would be re-distributed. Based upon past experience, this figure could rise to as much as $2.6 M once all data is in. STATE MANDATES FISCAL NOTE (State Bd. of Ed.) No change from SBE fiscal note. STATE DEBT IMPACT NOTE, H-AM 1 HB 1097 would not have an impact on the level of State debt. 97-02-27 H FIRST READING 97-02-27 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-28 H ASSIGNED TO COMMITTEE ELEM SCND ED 97-03-17 H FISCAL NOTE FILED 97-03-17 H STATE MANDATES FISCAL NOTE FILED 97-03-17 H COMMITTEE ELEM SCND ED 97-03-18 H PRIMARY SPONSOR CHANGED TO DAVIS,STEVE 97-03-19 H FISCAL NOTE REQUESTED AMENDED/COWLISHAW 97-03-19 H STATE MANDATES FISCAL NOTE REQUESTED AMENDED/COWLISHAW 97-03-19 H BALANCED BUDGET NOTE REQUESTED AMENDED/COWLISHAW 97-03-19 H COMMITTEE ELEM SCND ED 97-03-20 H AMENDMENT NO. 01-ELEM SCND ED H 97-03-20 H ADOPTED 97-03-20 H DO PASS AMENDED/SHORT DEBATE 019-000-000 HELM 97-03-20 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-04-09 H BALANCED BUDGET NOTE FILED AS AMENDED 97-04-09 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-14 H FISCAL NOTE FILED AS AMENDED 97-04-14 H STATE MANDATES FISCAL NOTE FILED AS AMENDED 97-04-14 H CALENDAR ORDER 2ND READING-SHORT DEBATE 97-04-15 H STATE DEBT IMPACT NOTE FILED AS AMENDED 97-04-15 H SECOND READING-SHORT DEBATE 97-04-15 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-04-18 H THIRD READING/SHORT DEBATE/LOST 039-064-011 END OF INQUIRY Full Text Bill Summary