Illinois General Assembly - Bill Status for HB3908
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 Bill Status of HB3908  93rd General Assembly

Short Description:  SCH CD-ST AID-LOCAL RESOURCES

House Sponsors
Rep. Michael K. Smith

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
105 ILCS 5/18-8.05


Synopsis As Introduced
Amends the School Code. In the State aid formula provisions, changes a component used to calculate local property tax revenues per pupil and a component used to adjust the real property equalized assessed valuation, for a school district maintaining grades 9 through 12, from 1.05% to (i) 1.06% for the 2004-2005 school year, (ii) 1.07% for the 2005-2006 school year, (iii) 1.08% for the 2006-2007 school year, (iv) 1.09% for the 2007-2008 school year, and (v) 1.10% for the 2008-2009 school year and each school year thereafter. Effective July 1, 2004.

Actions 
DateChamber Action
  11/13/2003HouseFiled with the Clerk by Rep. Michael K. Smith
  11/18/2003HouseFirst Reading
  11/18/2003HouseReferred to Rules Committee
  1/11/2005HouseSession Sine Die

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