State of Illinois
92nd General Assembly
Legislation

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92_HB2255enr

 
HB2255 Enrolled                               LRB9206474NTsbA

 1        AN ACT concerning schools.

 2        Be it enacted by the People of  the  State  of  Illinois,
 3    represented in the General Assembly:

 4        Section  5.   The  School  Construction Law is amended by
 5    changing Section 5-5 as follows:

 6        (105 ILCS 230/5-5)
 7        Sec. 5-5. Definitions.  As used in this Article:
 8        "Approved school construction bonds" mean bonds that were
 9    approved by referendum after January 1,  1996  but  prior  to
10    January  1, 1998 as provided in Sections 19-2 through 19-7 of
11    the  School  Code  to  provide  funds  for  the  acquisition,
12    development,  construction,  reconstruction,  rehabilitation,
13    improvement,  architectural  planning,  and  installation  of
14    capital  facilities  consisting  of  buildings,   structures,
15    durable-equipment, and land for educational purposes.
16        "Grant  index"  means  a  figure for each school district
17    equal to one minus the  ratio  of  the  district's  equalized
18    assessed  valuation  per pupil in average daily attendance to
19    the equalized assessed valuation per pupil in  average  daily
20    attendance of the district located at the 90th percentile for
21    all  districts  of the same category type. For the purpose of
22    calculating the grant index,  school  districts  are  grouped
23    into  2  categories,  Category I and Category II.  Category I
24    consists  of  elementary  and  unit  school  districts.   The
25    equalized assessed  valuation  per  pupil  in  average  daily
26    attendance  of  each  school  district in Category I shall be
27    computed using its  grades  kindergarten  through  8  average
28    daily attendance figure.  A unit school district's Category I
29    grant  index  shall  be  used  for  projects  or  portions of
30    projects constructed for elementary school pupils.   Category
31    II  consists  of  high school and unit school districts.  The
 
HB2255 Enrolled             -2-               LRB9206474NTsbA
 1    equalized assessed  valuation  per  pupil  in  average  daily
 2    attendance  of  each  school district in Category II shall be
 3    computed  using  its  grades  9  through  12  average   daily
 4    attendance  figure.   A  unit  school  district's Category II
 5    grant index  shall  be  used  for  projects  or  portions  of
 6    projects  constructed  for  high  school pupils.  The changes
 7    made by this amendatory Act  of  the  92nd  General  Assembly
 8    apply  to  all  grants made on or after the effective date of
 9    this amendatory Act, provided that for grants not yet made on
10    the effective date of this amendatory Act but made in  fiscal
11    year 2001 and for grants made in fiscal  year 2002, the grant
12    index  for  a school district shall be the greater of (i) the
13    grant index as calculated under this  Law  on  or  after  the
14    effective date of this amendatory Act or (ii) the grant index
15    as  calculated  under  this  Law before the effective date of
16    this amendatory Act.  The grant index shall be no  less  than
17    0.35  and  no  greater  than 0.75 for each district; provided
18    that the grant index for districts whose  equalized  assessed
19    valuation  per  pupil  in  average daily attendance is at the
20    99th percentile and above for all districts of the same  type
21    shall be 0.00.
22        "School  construction  project"  means  the  acquisition,
23    development,  construction,  reconstruction,  rehabilitation,
24    improvement,  architectural  planning,  and  installation  of
25    capital   facilities  consisting  of  buildings,  structures,
26    durable equipment, and land for educational purposes.
27        "School maintenance project" means a project, other  than
28    a  school  construction  project, intended to provide for the
29    maintenance  or  upkeep  of  buildings  or   structures   for
30    educational   purposes,   but   does   not   include  ongoing
31    operational costs.
32    (Source: P.A. 90-548, eff. 1-1-98; 91-38, eff. 6-15-99.)

33        Section 99.  Effective date.  This Act takes effect  upon
 
HB2255 Enrolled             -3-               LRB9206474NTsbA
 1    becoming law.

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