SCH CD-FINANCIAL OVRSIGHT-TECH House SponsorsRep. Patricia Reid Lindner-Tom Cross-Barbara Flynn Currie-Calvin L. Giles Senate Sponsors(Sen. Chris Lauzen-Don Harmon) 10/15/2004HousePublic Act . . . . . . . . . 93-1045 105 ILCS 5/1B-1from Ch. 122, par. 1B-1 Amends the School Code. Makes a technical change in a Section concerning school district financial oversight panels.Senate Floor Amendment No. 1 Deletes reference to:105 ILCS 5/1B-1Adds reference to:105 ILCS 5/17-6.1from Ch. 122, par. 17-6.1105 ILCS 5/19-1from Ch. 122, par. 19-1Deletes everything after the enacting clause. Amends the School Code. Provides that if a proposition to increase the educational purposes tax rate of a school district (other than the Chicago school district) is approved at any election held prior to March 19, 2004 and that proposition sets forth the tax rate most recently extended for educational purposes as the existing maximum-authorized educational purposes tax rate of the district, then the maximum-authorized educational purposes tax rate of the district shall be calculated as follows: (i) for the first tax year affected by the results of the referendum, the district's tax rates shall be calculated based on the rates set forth in the proposition, and (ii) for each tax year thereafter, the district's maximum-authorized educational purposes tax rate approved at the referendum shall be equal to the sum of the district's maximum-authorized educational purposes tax rate immediately preceding the referendum plus the difference between the rates set forth in the proposition submitted to the voters of the district at the referendum. Allows the school board, within 10 days after the effective date of the amendatory Act, to amend its certificate of tax levy for any year for which its equalized assessed valuation has not yet been certified by the county clerk. In a Section concerning the debt limitations of school districts, provides that a community unit school district maintaining grades K through 12 may issue bonds up to an amount, including indebtedness, not exceeding 27% of the equalized assessed value of the taxable property in the district if, among other conditions, (i) the district has an equalized assessed valuation for calendar year 2001 of at least $295,741,187 and a best 3 months' average daily attendance for the 2002-2003 school year of at least 2,394 and (ii) the bonds are issued to build and equip 3 elementary school buildings; build and equip one middle school building; and alter, repair, improve, and equip all existing school buildings in the district. Effective immediately.Senate Floor Amendment No. 2 Deletes reference to:105 ILCS 5/17-6.1Deletes everything after the enacting clause. Amends the School Code. In a Section concerning the debt limitations of school districts, provides that a community unit school district maintaining grades K through 12 may issue bonds up to an amount, including indebtedness, not exceeding 27% of the equalized assessed value of the taxable property in the district if, among other conditions, (i) the district has an equalized assessed valuation for calendar year 2001 of at least $295,741,187 and a best 3 months' average daily attendance for the 2002-2003 school year of at least 2,394 and (ii) the bonds are issued to build and equip 3 elementary school buildings; build and equip one middle school building; and alter, repair, improve, and equip all existing school buildings in the district. Effective immediately. 1/31/2003HouseFiled with the Clerk by Rep. Michael J. Madigan 1/31/2003HouseChief Co-Sponsor Rep. Barbara Flynn Currie 1/31/2003HouseChief Co-Sponsor Rep. Calvin L. Giles 1/31/2003HouseFirst Reading 1/31/2003HouseReferred to Rules Committee 2/4/2003HouseAssigned to Executive Committee 3/12/2003HouseDo Pass / Short Debate Executive Committee; 010-000-000 3/12/2003HousePlaced on Calendar 2nd Reading - Short Debate ** 3/31/2003HouseSecond Reading - Short Debate 3/31/2003HouseHeld on Calendar Order of Second Reading - Short Debate ** 4/2/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate ** 4/3/2003HouseThird Reading - Short Debate - Passed 070-043-004 4/8/2003SenateArrive in Senate 4/8/2003SenatePlaced on Calendar Order of First Reading April 9, 2003 4/8/2003SenateChief Senate Sponsor Sen. Emil Jones, Jr. 4/8/2003SenateFirst Reading 4/8/2003SenateReferred to Rules 4/16/2003SenateAssigned to Executive 5/1/2003SenateDo Pass Executive; 007-004-000 5/1/2003SenatePlaced on Calendar Order of 2nd Reading May 6, 2003 5/6/2003SenateSecond Reading 5/6/2003SenatePlaced on Calendar Order of 3rd Reading May 7, 2003 5/16/2003SenateThird Reading Deadline Extended - Rule 2-10, to December 31, 2003. 7/1/2003SenatePursuant to Senate Rule 3-9(b) / Referred to Rules 5/13/2004SenateThird Reading Deadline Extended - Rule 2-10, extended to January 11, 2005. 5/17/2004SenateApproved for Consideration Rules 5/17/2004SenatePlaced on Calendar Order of 3rd Reading May 18, 2004 6/25/2004SenateAlternate Chief Sponsor Changed to Sen. Chris Lauzen 6/25/2004SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Chris Lauzen; -Harmon 6/25/2004SenateSenate Floor Amendment No. 1 Referred to Rules 6/25/2004SenateSenate Floor Amendment No. 1 Rules Refers to Education 6/25/2004SenateSenate Floor Amendment No. 1 Be Approved for Consideration Education; 008-003-000 6/28/2004SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Chris Lauzen 6/28/2004SenateSenate Floor Amendment No. 2 Referred to Rules 6/28/2004SenateSenate Floor Amendment No. 2 Rules Refers to Education 6/28/2004SenateSenate Floor Amendment No. 2 Held in Education 6/29/2004SenateRecalled to Second Reading 6/29/2004SenateSenate Floor Amendment No. 1 Adopted; Lauzen-Harmon 6/29/2004SenatePlaced on Calendar Order of 3rd Reading June 30, 2004 6/30/2004SenateAdded as Alternate Chief Co-Sponsor Sen. Don Harmon 7/23/2004SenateSenate Floor Amendment No. 2 Re-referred to Rules 7/23/2004SenateSenate Floor Amendment No. 2 Be Approved for Consideration Rules 7/23/2004SenateRecalled to Second Reading 7/23/2004SenateSenate Floor Amendment No. 2 Adopted; Lauzen 7/23/2004SenatePlaced on Calendar Order of 3rd Reading 7/23/2004Senate3/5 Vote Required 7/23/2004SenateThird Reading - Passed; 047-003-000 7/24/2004HouseArrived in House 7/24/2004HouseFinal Action Deadline Extended-9(b) JULY 31, 2004 7/24/2004HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1,2 7/24/2004HouseChief Sponsor Changed to Rep. Patricia Reid Lindner 7/24/2004HouseSenate Floor Amendment No. 1 Motion Filed Concur Rep. Patricia Reid Lindner; 1,2 7/24/2004HouseSenate Floor Amendment No. 2 Motion Filed Concur Rep. Patricia Reid Lindner; 1,2 7/24/2004HouseSenate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee 7/24/2004HouseSenate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee 7/24/2004HouseAdded Chief Co-Sponsor Rep. Tom Cross 7/24/2004HouseSenate Floor Amendment No. 1 Motion to Suspend Rule 25 - Prevailed 7/24/2004HouseSenate Floor Amendment No. 2 Motion to Suspend Rule 25 - Prevailed 7/24/2004HouseSenate Floor Amendment No. 1 Motion to Concur Recommends be Adopted Rules Committee; 004-000-000 7/24/2004HouseSenate Floor Amendment No. 2 Motion to Concur Recommends be Adopted Rules Committee; 004-000-000 7/24/2004House3/5 Vote Required 7/24/2004HouseSenate Floor Amendment No. 1 House Concurs 085-030-000 7/24/2004HouseSenate Floor Amendment No. 2 House Concurs 085-030-000 7/24/2004HousePassed Both Houses 8/20/2004HouseSent to the Governor 10/15/2004HouseGovernor Approved 10/15/2004HouseEffective Date October 15, 2004 10/15/2004HousePublic Act . . . . . . . . . 93-1045