Bill Status of HB3416 100th General Assembly
Short Description: SCH CD-ST AID-FOUNDATION LEVEL
Rep. Bill Mitchell
| 3/31/2017||House||Rule 19(a) / Re-referred to Rules Committee|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State aid formula provisions of the School Code to provide that the Foundation Level of support amount for the 2017-2018 school year and each school year thereafter is equal to the Foundation Level of support amount for the previous school year increased by the greater of 2% or the percentage increase if any in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the 12 months ending on the previous December 31. Effective immediately.