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Synopsis As Introduced Amends the Common School Fund Article of the School Code. Provides for a grant to be paid to a school district if there has been an increase in a school district's student population over any 2 consecutive school years of (i) over 1.5% in a district with over 10,000 pupils in average daily attendance or (ii) over 10% in any other district. Effective July 1, 2004.
Senate Committee Amendment No. 1 Deletes everything and reinserts the provisions of the engrossed bill with the following changes: Provides for a grant to be paid to a school district if there has been an increase in a school district's student population over the most recent 2 school years (now any 2 consecutive school years) of (i) over 1.5% in a district with over 10,000 pupils in average daily attendance or (ii) over 7.5% (now 10%) in any other district. Changes the method of calculating the grant amount. Deletes a provision that specifies that the State Board of Education may adopt rules to implement the grant program. Changes the effective date from July 1, 2004 to an immediate effective date.
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