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 Bill Status of SB2260  100th General Assembly


Short Description:  REVENUE-SCHOOL DISTRICTS

Senate Sponsors
Sen. Jil Tracy - Neil Anderson - David Koehler - Pat McGuire, Paul Schimpf and William R. Haine

Last Action
DateChamber Action
  11/1/2017SenateReferred to Assignments

Statutes Amended In Order of Appearance
30 ILCS 115/11.2 new


Synopsis As Introduced
Amends the State Revenue Sharing Act. Provides that, in fiscal year 2018, each school district having Personal Property Tax Replacement Fund receipts totaling 13% or more of its total revenues in fiscal year 2016 shall receive an additional amount equal to 11% of the total amount distributed to the school district from the Personal Property Tax Replacement Fund during fiscal year 2016. Requires the State Board of Education to identify those school districts to the Department of Revenue. Provides that the total amount of additional distributions shall not exceed $4,353,136. Effective immediately.

Actions 
DateChamber Action
  11/1/2017SenateFiled with Secretary by Sen. Jil Tracy
  11/1/2017SenateFirst Reading
  11/1/2017SenateReferred to Assignments
  11/1/2017SenateAdded as Chief Co-Sponsor Sen. Neil Anderson
  11/2/2017SenateAdded as Chief Co-Sponsor Sen. David Koehler
  11/7/2017SenateAdded as Chief Co-Sponsor Sen. Pat McGuire
  11/7/2017SenateAdded as Co-Sponsor Sen. Paul Schimpf
  11/8/2017SenateAdded as Co-Sponsor Sen. William R. Haine

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