093_HB2439eng

 
HB2439 Engrossed                     LRB093 04761 NHT 11114 b

 1        AN ACT regarding schools.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The School Construction  Law  is  amended  by
 5    changing Section 5-5 as follows:

 6        (105 ILCS 230/5-5)
 7        Sec. 5-5. Definitions.  As used in this Article:
 8        "Approved school construction bonds" mean bonds that were
 9    approved  by  referendum  after  January 1, 1996 but prior to
10    January 1, 1998 as provided in Sections 19-2 through 19-7  of
11    the  School  Code  to  provide  funds  for  the  acquisition,
12    development,  construction,  reconstruction,  rehabilitation,
13    improvement,  architectural  planning,  and  installation  of
14    capital   facilities  consisting  of  buildings,  structures,
15    durable-equipment, and land for educational purposes.
16        "Grant index" means a figure  for  each  school  district
17    equal  to  one  minus  the  ratio of the district's equalized
18    assessed valuation per pupil in average daily  attendance  to
19    the  equalized  assessed valuation per pupil in average daily
20    attendance of the district located at the 90th percentile for
21    all districts of  the  same  category.  For  the  purpose  of
22    calculating  the  grant  index,  school districts are grouped
23    into 2 categories, Category I and Category  II.   Category  I
24    consists  of  elementary  and  unit  school  districts.   The
25    equalized  assessed  valuation  per  pupil  in  average daily
26    attendance of each school district in  Category  I  shall  be
27    computed  using  its  grades  kindergarten  through 8 average
28    daily attendance figure.  A unit school district's Category I
29    grant index  shall  be  used  for  projects  or  portions  of
30    projects  constructed for elementary school pupils.  Category
31    II consists of high school and unit  school  districts.   The
 
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 1    equalized  assessed  valuation  per  pupil  in  average daily
 2    attendance of each school district in Category  II  shall  be
 3    computed   using  its  grades  9  through  12  average  daily
 4    attendance figure.  A  unit  school  district's  Category  II
 5    grant  index  shall  be  used  for  projects  or  portions of
 6    projects constructed for high school  pupils.    The  changes
 7    made  by  this  amendatory  Act  of the 92nd General Assembly
 8    apply to all grants made on or after the  effective  date  of
 9    this amendatory Act, provided that for grants not yet made on
10    the  effective date of this amendatory Act but made in fiscal
11    year 2001 and for grants made in fiscal  year 2002, the grant
12    index for a school district shall be the greater of  (i)  the
13    grant  index  as  calculated  under  this Law on or after the
14    effective date of this amendatory Act or (ii) the grant index
15    as calculated under this Law before  the  effective  date  of
16    this  amendatory  Act.  The grant index shall be no less than
17    0.35 and no greater than 0.75  for  each  district;  provided
18    that  the  grant index for districts whose equalized assessed
19    valuation per pupil in average daily  attendance  is  at  the
20    99th  percentile and above for all districts of the same type
21    shall be 0.00.
22        "School  construction  project"  means  the  acquisition,
23    development,  construction,  reconstruction,  rehabilitation,
24    improvement,  architectural  planning,  and  installation  of
25    capital  facilities  consisting  of  buildings,   structures,
26    durable equipment, and land for educational purposes.
27        "School  district"  includes  a  cooperative high school,
28    which shall be considered a  high  school  district  for  the
29    purpose of calculating its grant index.
30        "School  maintenance project" means a project, other than
31    a school construction project, intended to  provide  for  the
32    maintenance   or   upkeep  of  buildings  or  structures  for
33    educational  purposes,   but   does   not   include   ongoing
34    operational costs.
 
HB2439 Engrossed            -3-      LRB093 04761 NHT 11114 b
 1    (Source: P.A. 91-38, eff. 6-15-99; 92-168, eff. 7-26-01.)

 2        Section  99.  Effective date.  This Act takes effect upon
 3    becoming law.