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<xml>
<title>Illinois General Assembly - Bill Status for HB 1558   </title>
<shortdesc>SCH CD-UNIT DIST-TAX RATE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Roger L. Eddy-Shane Cultra</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>105 ILCS 5/17-3</reference><aliasreference>from Ch. 122, par. 17-3</aliasreference><SynopsisText>     Amends the School Code. For school districts having a population of less than 500,000 inhabitants, provides that, subject to referendum, the maximum tax rate for certain recently formed community unit school districts that have a combined rate of more than 4% is as follows: for 2 years, the same as the actual combined rate of the previous elementary and secondary district; and in each subsequent year the rate shall be reduced by 0.10% or reduced to 4.00%, whichever is less. The school board may seek to increase the reduced rate by referendum. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Roger L. Eddy</action>
<statusdate>2/14/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/14/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/17/2005</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Shane Cultra</action>
<statusdate>2/23/2005</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

