Senate Sponsors: DEMUZIO-MADIGAN,L-OBAMA. Short description: SCH CD-ANALYZE FUNDING GAP Synopsis of Bill as introduced: Amends the School Code. Requires the State Board of Education to conduct an analysis to determine if the funding gap between school districts with high equalized assessed valuations and school districts with low equalized assessed valuations has been narrowed as a result of the foundation levels established by the State aid formula provisions for the 1998-1999 and 1999-2000 school years. After the analysis is completed, requires the State Board of Education to report its findings to the Education Funding Advisory Board. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status