92nd General Assembly
Status of HB1712
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MYERS,RICHARD-MITCHELL,JERRY-HOEFT AND FRANKS.

(PETERSON-CRONIN-LINK-KLEMM-KARPIEL)

   105 ILCS 5/18-8.05                                                          

        Amends the School Code.  In the  State  aid  formula  provisions,      
   requires  the  State  Board  of  Education  to calculate the Extension      
   Limitation  Equalized  Assessed  Valuation  of  all  school  districts      
   subject to property tax extension limitations  as  imposed  under  the      
   Property  Tax  Extension Limitation Law (not just those districts that      
   meet certain other criteria).  Provides that the Extension  Limitation      
   Equalized  Assessed  Valuation  shall  be  equal to the product of the      
   Equalized Assessed Valuation last used in the calculation  of  general      
   State  aid  (instead  of  the  last  calculated  Extension  Limitation      
   Equalized  Assessed Valuation) and the district's Extension Limitation      
   Ratio.  Effective immediately.                                              
   FEB-15-2001  H  FILED WITH CLERK                                               
   FEB-15-2001  H  FIRST READING                                                  
   FEB-15-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-21-2001  H       ASSIGNED TO COMMITTEE               APP-ELM & SEC         
   FEB-28-2001  H  DO PASS/SHORT DEBATE                     016-000-000   HAPE    
   FEB-28-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAR-20-2001  H  PRIMARY SPONSOR CHANGED TO               HOEFT                 
   MAR-20-2001  H  ADDED AS A JOINT SPONSOR                 MITCHELL,JERRY        
   MAR-27-2001  H  PRIMARY SPONSOR CHANGED TO               MYERS,RICHARD         
   MAR-27-2001  H  ADDED AS A JOINT SPONSOR                 HOEFT                 
   MAR-30-2001  H  SECOND READING-SHORT DEBATE                                    
   MAR-30-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   APR-05-2001  H  THIRD READING/SHORT DEBATE/PASSED        114-000-000           
   APR-05-2001  H  ADDED AS A CO-SPONSOR                    FRANKS                
   APR-06-2001  S  ARRIVE IN SENATE                                               
   APR-06-2001  S  PLACED CALENDAR ORDER OF FIRST READING   01-04-17              
   APR-06-2001  S  CHIEF SPONSOR                            PETERSON              
   APR-06-2001  S  ADDED AS A CHIEF CO-SPONSOR              CRONIN                
   APR-06-2001  S  ADDED AS A CHIEF CO-SPONSOR              LINK                  
   APR-06-2001  S  ADDED AS A CHIEF CO-SPONSOR              KLEMM                 
   APR-06-2001  S  ADDED AS A CHIEF CO-SPONSOR              KARPIEL               
   APR-06-2001  S  FIRST READING                                                  
   APR-06-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   MAY-02-2001  S       ASSIGNED TO COMMITTEE               EDUCATION             
   MAY-09-2001  S       DO PASS                             008-000-000   SESE    
   MAY-09-2001  S  PLACED ON CALENDAR ORDER OF 2ND READING  01-05-10              
   MAY-10-2001  S  SECOND READING                                                 
   MAY-10-2001  S  PLACED ON CALENDAR ORDER OF 3RD READING  01-05-11              
   MAY-15-2001  S  THIRD READING - PASSED                   057-000-000           
   MAY-15-2001  H  PASSED BOTH HOUSES                                             
   JUN-13-2001  H  SENT TO THE GOVERNOR                                           
   AUG-07-2001  H  GOVERNOR APPROVED                                              
   AUG-07-2001  H                            EFFECTIVE DATE 01-08-07              
   AUG-07-2001  H  PUBLIC ACT.............................. 92-0269               

   END OF INQUIRY 



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