CROTTY-MURPHY-JONES,JOHN-ACEVEDO-FANTIN, MCCARTHY, BERGMAN, ZICKUS, YOUNGE, GIGLIO, SCULLY, MITCHELL, REITZ, HOLBROOK, ACKERMAN, SKINNER, MAUTINO, JOHNSON,TIM, KOSEL, KUBIK, LYONS,EILEEN, DURKIN, WIRSING, BLACK, RYDER AND GILES. (O'MALLEY-HALVORSON) 105 ILCS 5/18-8.05 105 ILCS 235/15-5 105 ILCS 235/15-10 105 ILCS 235/15-15 105 ILCS 235/15-20 Amends the School Code. Revises the State aid formula applicable during the 1998-99 and subsequent school years. Changes the manner of computing the Available Local Resources for school districts maintaining grades 9 through 12 and the manner of adjusting the equalized assessed valuation of the taxable property of those districts because of enterprise zone and other tax abatements by reducing a component of the formulas used to make those computations and adjustments to 1.10% from 1.20%. Also changes the manner of determining the Low Income Concentration Level of school districts of less than 500,000 inhabitants for the 1999-2000 and 2000-2001 school years. Deletes language requiring that if the aggregate amount of any hold-harmless payments that school districts are to receive in any such school year, as computed under the applicable formula for that school year, is greater than the aggregate amount appropriated for that purpose, the hold-harmless payments that school districts receive for that school year are to be prorated accordingly. Also amends the General State Aid Continuing Appropriation Law. Changes the Law's short title and includes hold-harmless payments required to be made to school districts under the State aid formula within the ambit of that Law's application. Effective immediately, except the amendment of the School Code takes effect July 1, 1998. FISCAL NOTE (State Board of Education) General State Aid cost would increase by approximately $16.7 M; FY98 full funding would go down $13.6 M. Additional funding needed would be $3.1 M. STATE MANDATES FISCAL NOTE (State Board of Education) No change from SBE fiscal note. 98-02-03 H FILED WITH CLERK 98-02-03 H FIRST READING 98-02-03 H REFERRED TO HOUSE RULES COMMITTEE RULES 98-02-23 H FISCAL NOTE FILED 98-02-23 H STATE MANDATES FISCAL NOTE FILED 98-02-23 H COMMITTEE RULES 98-02-25 H ASSIGNED TO COMMITTEE ELEM SCND ED 98-03-19 H DO PASS/SHORT DEBATE 021-000-000 HELM 98-03-19 H PLACED CALENDAR 2ND READING-SHORT DEBATE 98-03-19 H ADDED AS A JOINT SPONSOR MURPHY 98-03-19 H ADDED AS A CO-SPONSOR JONES,JOHN 98-03-20 H ADDED AS A CO-SPONSOR ACEVEDO 98-03-20 H ADDED AS A CO-SPONSOR FANTIN 98-03-23 H SECOND READING-SHORT DEBATE 98-03-23 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 98-03-23 H ADDED AS A CO-SPONSOR MCCARTHY 98-03-23 H ADDED AS A CO-SPONSOR CURRY,JULIE 98-03-23 H ADDED AS A CO-SPONSOR BERGMAN 98-03-23 H ADDED AS A CO-SPONSOR ZICKUS 98-03-23 H ADDED AS A CO-SPONSOR YOUNGE 98-03-23 H ADDED AS A CO-SPONSOR GIGLIO 98-03-23 H ADDED AS A CO-SPONSOR SCULLY 98-03-23 H ADDED AS A CO-SPONSOR MITCHELL 98-03-24 H ADDED AS A CO-SPONSOR O'BRIEN 98-03-24 H ADDED AS A CO-SPONSOR REITZ 98-03-24 H ADDED AS A CO-SPONSOR HOLBROOK 98-03-24 H ADDED AS A CO-SPONSOR ACKERMAN 98-03-24 H ADDED AS A CO-SPONSOR SKINNER 98-03-24 H ADDED AS A CO-SPONSOR MAUTINO 98-03-24 H ADDED AS A CO-SPONSOR NOVAK 98-03-24 H ADDED AS A CO-SPONSOR JOHNSON,TIM 98-03-24 H ADDED AS A CO-SPONSOR KOSEL 98-03-24 H ADDED AS A CO-SPONSOR KUBIK 98-03-24 H ADDED AS A CO-SPONSOR LYONS,EILEEN 98-03-24 H ADDED AS A CO-SPONSOR DURKIN 98-03-24 H ADDED AS A CO-SPONSOR WIRSING 98-03-24 H ADDED AS A CO-SPONSOR BROWN 98-03-26 H THIRD READING/SHORT DEBATE/PASSED 114-000-001 98-03-26 H ADDED AS A CO-SPONSOR BLACK 98-03-26 H ADDED AS A CO-SPONSOR RYDER 98-03-26 H ADDED AS A CO-SPONSOR GILES 98-03-31 S ARRIVE IN SENATE 98-03-31 S PLACED CALENDAR ORDER OF FIRST READING 98-04-01 98-03-31 S CHIEF SPONSOR HALVORSON 98-04-01 S SPONSOR REMOVED HALVORSON 98-04-01 S ALTERNATE CHIEF SPONSOR CHANGED TO O'MALLEY 98-04-01 S ADDED AS A CHIEF CO-SPONSOR HALVORSON 98-04-01 S FIRST READING 98-04-01 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary