92nd General Assembly
Summary of HB2523
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
MADIGAN,MJ-DELGADO-COLLINS, HOWARD, STROGER, MCKEON, 
   JONES,LOU, JONES,SHIRLEY, BURKE AND MURPHY.

Senate Sponsors:
MADIGAN,L

Short description: 
SCH CD-SUPP ST AID-DISTRIBUTE                                              

Synopsis of Bill as introduced:
        Amends the State aid  formula  provisions  of  the  School  Code.      
   Increases  the  minimum amount of supplemental general State aid funds      
   that a school district with an average daily attendance of  50,000  or      
   more is required to distribute in accordance with certain requirements      
   to  $293,000,000  (from  $261,000,000)  for the 2001-2002 school year,      
   with this amount being increased for each school  year  thereafter  by      
   the  same  percentage  increase, if any, as the percentage increase in      
   the amount of general State aid allotted to  the  district.  Effective      
   immediately.                                                                
          HOME RULE NOTE (Dept. of Commerce and Community Affairs)             
          HB 2523 pertains to State aid allotted to school districts.          
          The legislation does not relate to a home rule unit of local         
          government.                                                          
          FISCAL NOTE (State Board of Edcuation)                               
          The Chicago Public Schools received approximately $725.8             
          million in general State aid in FY01 of which approximately          
          $207.2 million was through the supplemental general State aid        
          component. The statute already requires the Chicago Public           
          Schools to distribute $261 million of such "poverty" funds           
          for these purposes, approximately $54 million more than they         
          receive. HB 2523 increases this distribution from $261 million       
          to $293 million in FY02. This will obviously increase the            
          Chicago Public Schools "subsidy" for this purpose by $32             
          million.                                                             
          STATE MANDATES NOTE (State Board of Education)                       
          Sames as SBE fiscal note.                                            
        HOUSE AMENDMENT NO. 2.                                                 
        Deletes everything after the enacting clause.  Amends the  School      
   Code.   Makes a technical change in a Section concerning the State aid      
   formula.                                                                    
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status