SCH CD-STATE AID FORMULA Senate SponsorsSen. M. Maggie Crotty-Chris Lauzen and Deanna Demuzio-Linda Holmes-Toi W. Hutchinson-Pamela J. Althoff House Sponsors(Rep. Linda Chapa LaVia-Kevin A. McCarthy-Kay Hatcher-Al Riley-Tom Cross, Roger L. Eddy, Robert Rita, Lisa M. Dugan, Sidney H. Mathias, William B. Black, Anthony DeLuca, Kathleen A. Ryg, Mike Fortner, Jack D. Franks, Michael W. Tryon and Keith Farnham) 8/7/2009SenatePublic Act . . . . . . . . . 96-0152 105 ILCS 5/18-8.05Amends the School Code. Makes a technical change in a Section concerning the State aid formula.Senate Floor Amendment No. 2 Deletes everything after the enacting clause. Amends the State aid formula provisions of the School Code. With respect to equalized assessed valuation data, for the 2009-2010 school year and each school year thereafter, if a school district has approved or does approve an increase in its limiting rate, pursuant to the Property Tax Extension Limitation Law, affecting the Base Tax Year, the Extension Limitation Equalized Assessed Valuation of the school district, as calculated by the State Board of Education, shall be equal to the product of the Equalized Assessed Valuation last used in the calculation of general State aid times an amount equal to one plus the percentage increase, if any, in the Consumer Price Index for all Urban Consumers for all items published by the United States Department of Labor for the 12-month calendar year preceding the Base Tax Year, plus the Equalized Assessed Valuation of new property, annexed property, and recovered tax increment value and minus the Equalized Assessed Valuation of disconnected property. Effective July 1, 2009. 2/20/2009SenateFiled with Secretary by Sen. M. Maggie Crotty 2/20/2009SenateFirst Reading 2/20/2009SenateReferred to Assignments 3/5/2009SenateAssigned to Executive 3/12/2009SenateDo Pass Executive; 012-000-000 3/12/2009SenatePlaced on Calendar Order of 2nd Reading March 17, 2009 3/12/2009SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. M. Maggie Crotty 3/12/2009SenateSenate Floor Amendment No. 1 Referred to Assignments 3/12/2009SenateAdded as Chief Co-Sponsor Sen. Chris Lauzen 3/18/2009SenateSenate Floor Amendment No. 1 Assignments Refers to Education 3/19/2009SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. M. Maggie Crotty 3/19/2009SenateSenate Floor Amendment No. 2 Referred to Assignments 3/19/2009SenateSenate Floor Amendment No. 1 Postponed - Education 3/19/2009SenateAdded as Co-Sponsor Sen. Deanna Demuzio 3/25/2009SenateSenate Floor Amendment No. 2 Assignments Refers to Education 3/26/2009SenateAdded as Chief Co-Sponsor Sen. Linda Holmes 3/30/2009SenateAdded as Chief Co-Sponsor Sen. Toi W. Hutchinson 3/31/2009SenateSenate Floor Amendment No. 2 Recommend Do Adopt Education; 009-000-000 3/31/2009SenateSecond Reading 3/31/2009SenateSenate Floor Amendment No. 2 Adopted; Crotty 3/31/2009SenatePlaced on Calendar Order of 3rd Reading April 1, 2009 4/1/2009SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff 4/1/2009SenateThird Reading - Passed; 056-000-000 4/1/2009SenateSenate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a) 4/2/2009HouseArrived in House 4/2/2009HousePlaced on Calendar Order of First Reading 4/2/2009HouseChief House Sponsor Rep. Linda Chapa LaVia 4/2/2009HouseAdded Alternate Chief Co-Sponsor Rep. Kevin A. McCarthy 4/2/2009HouseAdded Alternate Chief Co-Sponsor Rep. Kay Hatcher 4/2/2009HouseAdded Alternate Chief Co-Sponsor Rep. Al Riley 4/2/2009HouseFirst Reading 4/2/2009HouseReferred to Rules Committee 4/3/2009HouseAdded Alternate Chief Co-Sponsor Rep. Tom Cross 4/3/2009HouseAdded Alternate Co-Sponsor Rep. Roger L. Eddy 4/17/2009HouseAdded Alternate Co-Sponsor Rep. Robert Rita 4/20/2009HouseAssigned to Elementary & Secondary Education Committee 4/29/2009HouseDo Pass / Short Debate Elementary & Secondary Education Committee; 019-000-000 4/29/2009HousePlaced on Calendar 2nd Reading - Short Debate 4/29/2009HouseAdded Alternate Co-Sponsor Rep. Lisa M. Dugan 4/30/2009HouseSecond Reading - Short Debate 4/30/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/14/2009HouseAdded Alternate Co-Sponsor Rep. Sidney H. Mathias 5/18/2009HouseAdded Alternate Co-Sponsor Rep. William B. Black 5/18/2009HouseThird Reading - Short Debate - Passed 104-001-000 5/18/2009SenatePassed Both Houses 5/18/2009HouseAdded Alternate Co-Sponsor Rep. Anthony DeLuca 5/18/2009HouseAdded Alternate Co-Sponsor Rep. Kathleen A. Ryg 5/18/2009HouseAdded Alternate Co-Sponsor Rep. Mike Fortner 5/18/2009HouseAdded Alternate Co-Sponsor Rep. Jack D. Franks 5/18/2009HouseAdded Alternate Co-Sponsor Rep. Michael W. Tryon 5/18/2009HouseAdded Alternate Co-Sponsor Rep. Keith Farnham 6/9/2009SenateSent to the Governor 8/7/2009SenateGovernor Approved 8/7/2009SenateEffective Date August 7, 2009 8/7/2009SenatePublic Act . . . . . . . . . 96-0152