LOTTERY-SCHOOLS House SponsorsRep. LaShawn K. Ford 1/11/2011HouseSession Sine Die 20 ILCS 1605/2from Ch. 120, par. 115220 ILCS 1605/7.2from Ch. 120, par. 1157.220 ILCS 1605/9from Ch. 120, par. 115920 ILCS 1605/9.120 ILCS 1605/19from Ch. 120, par. 116920 ILCS 1605/20from Ch. 120, par. 117020 ILCS 1605/20.1from Ch. 120, par. 1170.120 ILCS 1605/20.2 new105 ILCS 5/2-3.153 new Amends the Illinois Lottery Law. Creates the Lottery Supports Schools Fund. Provides that certain lottery proceeds that are deposited into the Common School Fund shall be deposited into the Lottery Supports Schools Fund. Provides that moneys in the Lottery Supports Schools Fund shall be distributed to school districts based on the district's percentage of lottery sales. Provides that the Act takes effect when the State Board of Education certifies to the Secretary of State and the Illinois Department of Revenue that the amount by which the amendatory Act reduces the amounts otherwise available for distribution under the general State aid formula has been replaced by other revenue sources.Balanced Budget Note (Gov. Office of Management & Budget) Would have a negative fiscal impact on the General Revenue Fund in the amount of $636 million in FY11. Fiscal Note (Dept. of Revenue) Based on Fiscal Year 2011, $636 million that would have been in the common school fund and usable for the State to meet general state aid funding obligations will be transferred to the Lottery Supports Schools Fund. HB 4992 does not become effective until the State identifies new revenue sources to make whole general State aid. 1/20/2010HouseFiled with the Clerk by Rep. LaShawn K. Ford 1/21/2010HouseFirst Reading 1/21/2010HouseReferred to Rules Committee 3/2/2010HouseAssigned to Executive Committee 3/10/2010HouseDo Pass / Standard Debate Executive Committee; 006-004-000 3/10/2010HousePlaced on Calendar 2nd Reading - Standard Debate 3/17/2010HouseBalanced Budget Note Filed 3/18/2010HouseFiscal Note Filed 3/25/2010HouseSecond Reading - Standard Debate 3/25/2010HouseHeld on Calendar Order of Second Reading - Standard Debate 3/26/2010HouseRule 19(a) / Re-referred to Rules Committee 1/11/2011HouseSession Sine Die