SCH CD-ST AID CLAIM-EAV-DEDUCT House SponsorsRep. Robert Rita 1/11/2005HouseSession Sine Die 105 ILCS 5/2-3.33from Ch. 122, par. 2-3.33105 ILCS 5/2-3.84from Ch. 122, par. 2-3.84 Amends the School Code. Provides that in recomputing a general State aid claim that was originally calculated using an extension limitation equalized assessed valuation, a qualifying reduction in equalized assessed valuation shall be deducted from the extension limitation equalized assessed valuation that was used in calculating the original claim. Provides that in calculating the amount of State aid to be apportioned to school districts, the State Board of Education shall incorporate and deduct the total aggregate adjustments to assessments made by the State Property Tax Appeal Board or Cook County Board of Appeals from the equalized assessed valuation that is otherwise to be utilized in the initial calculation. Provides that from the total amount of general State aid to be provided to school districts, adjustments under (i) the Section allowing recomputation of State aid claims and (ii) the Section requiring the incorporation and deduction of adjustments to assessments in calculating State aid together must not exceed $30 million of the general State aid appropriation in any fiscal year. Includes provisions concerning proration. Effective immediately.Fiscal Note (Illinois State Board of Education) The State Board of Education is unable to make a reasonable estimate of the cost of House Bill 6632. Currently adjustments equal approximately $20 to $30 million. It is likely that House Bill 6632 will increase adjustments to the $30 million cap every year. Thus, the cost will be the increase in adjustments from the current level to the $30 million cap. In FY04, adjustments were over $28 million and the cost would have been approximately $2 million.State Mandates Fiscal Note (Illinois State Board of Education) The State Board of Education is unable to make a reasonable estimate of the cost of House Bill 6632. Currently adjustments equal approximately $20 to $30 million. It is likely that House Bill 6632 will increase adjustments to the $30 million cap every year. Thus, the cost will be the increase in adjustments from the current level to the $30 million cap. In FY04, adjustments were over $28 million and the cost would have been approximately $2 million. House Bill 6632 does not appear to establish a state reimbursable mandate. House Amendment No. 3 Deletes everything after the enacting clause. Reinserts the contents of the bill with the following changes. Changes the date that an amendatory provision applies from June 30, 2004 to June 30, 2003. Changes the maximum adjustments amount from $30 million to $25 million. Effective immediately.Judicial Note (Admin Office of the Illinois Courts) Based on a review of the bill, it has been determined that House Bill 6632, as amended by House Amendment 3, would neither increase nor decrease the number of judges needed for the State.State Debt Impact Note (Economic and Fiscal Commission) House Bill 6632, as amended by House Amendment 3, would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness.Pension Note (Economic and Fiscal Commission) House Bill 6632, as amended by House Amendment 3, would not impact any public pension fund or retirement system in Illinois.Home Rule Note (Department of Commerce and Economic Opportunity) As amended by HA3, this bill does not pre-empt home rule authority.Housing Affordability Impact Note (Housing Development Authority) This legislation will have no effect on constructing, purchasing, owning, or selling a single-family residence.Correctional Note (Dept of Corrections) There is no corrections population or fiscal impact on the Department of Corrections. 2/9/2004HouseFiled with the Clerk by Rep. Robert Rita 2/9/2004HouseFirst Reading 2/9/2004HouseReferred to Rules Committee 2/18/2004HouseAssigned to Revenue Committee 3/4/2004HouseDo Pass / Short Debate Revenue Committee; 005-000-003 3/4/2004HousePlaced on Calendar 2nd Reading - Short Debate 3/23/2004HouseHouse Amendment No. 1 Filed with Clerk by Rep. Robert Rita 3/23/2004HouseHouse Amendment No. 1 Referred to Rules Committee 3/25/2004HouseFiscal Note Filed 3/25/2004HouseState Mandates Fiscal Note Filed 3/25/2004HouseHouse Amendment No. 2 Filed with Clerk by Rep. Robert Rita 3/25/2004HouseHouse Amendment No. 2 Referred to Rules Committee 3/29/2004HouseHouse Amendment No. 3 Filed with Clerk by Rep. Robert Rita 3/29/2004HouseHouse Amendment No. 3 Referred to Rules Committee 3/30/2004HouseJudicial Note Filed As Amended by HA 3 3/30/2004HouseHouse Amendment No. 3 Recommends Be Adopted Rules Committee; 004-000-000 3/31/2004HouseState Debt Impact Note Filed As Amended by HA 3 3/31/2004HousePension Note Filed As Amended by HA 3 3/31/2004HouseHome Rule Note Filed As Amended by HA 3 3/31/2004HouseSecond Reading - Short Debate 3/31/2004HouseHouse Amendment No. 3 Adopted by Voice Vote 3/31/2004HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/1/2004HouseHousing Affordability Impact Note Filed As Amended by HA 3 4/1/2004HouseCorrectional Note Filed As Amended by HA 3 4/2/2004HouseThird Reading - Short Debate - Passed 111-004-001 4/2/2004HouseHouse Amendment No. 1 Tabled Pursuant to Rule 40(a) 4/2/2004HouseHouse Amendment No. 2 Tabled Pursuant to Rule 40(a) 4/6/2004SenateArrive in Senate 4/6/2004SenatePlaced on Calendar Order of First Reading April 20, 2004 1/11/2005HouseSession Sine Die