|Public Act 095-0850
||LRB095 10281 NHT 30496 b
AN ACT concerning education.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The School Code is amended by changing Section
3-14.31 as follows:
(105 ILCS 5/3-14.31)
School facility occupation tax proceeds.
(a) Within 30 days after receiving any proceeds of a school
facility occupation tax under Section 5-1006.7 of the Counties
Code, each regional superintendent must disburse those
proceeds to each school district that is located in the county
in which the tax was collected.
(b) The proceeds must be disbursed on an enrollment basis
and allocated based upon the number of each school district's
resident pupils that reside within the county collecting the
tax divided by the total number of
within the county.
(Source: P.A. 95-675, eff. 10-11-07.)