WELCH. 105 ILCS 5/18-8.05 Amends the School Code. Changes the name of the Education Funding Advisory Board to the Education Funding Review Board. Provides, for school years after the 2000-2001 school year, that the Board shall file a report specifying the foundation level and the supplemental general State aid grant level for the 2 ensuing school years. Provides that changes in those levels take effect for the school year specified by the Board unless the General Assembly, within 30 session days after each chamber next convenes after the report is filed, by resolution disapproves the report in whole or specifies a different foundation or supplemental general State aid grant level. Provides that if the General Assembly specifies a different level in the resolution, that level takes effect for the school year for which it is specified. Adds related provisions continuing in effect those levels in which no change is made. 98-02-17 S FIRST READING 98-02-17 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary