SCH CD-STATE AID FORMULA House SponsorsRep. William Davis 12/3/2014HouseSession Sine Die 105 ILCS 5/18-8.05 Amends the State aid formula provisions of the School Code. Provides that school districts for which Available Local Resources per pupil equals or exceeds the product of 2.00 times the Foundation Level are not eligible for general State aid (instead of providing that for any school district for which Available Local Resources per pupil equals or exceeds the product of 1.75 times the Foundation Level, the general State aid for the school district shall be calculated as the product of $218 multiplied by the Average Daily Attendance of the school district); makes corresponding changes. Makes changes concerning equalized assessed valuation data and the calculation of Available Local Resources. Makes changes concerning supplemental general State aid and the amount of a grant. Effective July 1, 2013.House Committee Amendment No. 1 Adds reference to:35 ILCS 200/18-18535 ILCS 200/18-190105 ILCS 5/19-1105 ILCS 5/19-3from Ch. 122, par. 19-3105 ILCS 5/20-2from Ch. 122, par. 20-2105 ILCS 5/20-4from Ch. 122, par. 20-4105 ILCS 5/20-5from Ch. 122, par. 20-5Replaces everything after the enacting clause. Reinserts the contents of the bill with the following changes. Amends the Property Tax Extension Limitation Law of the Property Tax Code. Makes changes concerning (i) the definitions of "debt service extension base", "aggregate extension base", and "limiting rate" and (ii) a new rate or increased limiting rate and a direct referendum. Further amends the School Code. Makes changes concerning the debt limitations of school districts and the issuance of bonds for certain purposes. In the Working Cash Fund Article, makes changes concerning indebtedness and bonds, the use and reimbursement of the fund, and transfers to other funds. Effective July 1, 2013. 2/26/2013HouseFiled with the Clerk by Rep. William Davis 2/26/2013HouseFirst Reading 2/26/2013HouseReferred to Rules Committee 3/11/2013HouseAssigned to Elementary & Secondary Education Committee 3/13/2013HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. William Davis 3/13/2013HouseHouse Committee Amendment No. 1 Referred to Rules Committee 3/14/2013HouseHouse Committee Amendment No. 1 Rules Refers to Elementary & Secondary Education Committee 3/20/2013HouseHouse Committee Amendment No. 1 Adopted in Elementary & Secondary Education Committee; by Voice Vote 3/20/2013HouseRemains in Elementary & Secondary Education Committee 3/22/2013HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die