JONES-BERMAN-WALSH,L. 105 ILCS 5/18-8.05 105 ILCS 235/15-10 105 ILCS 235/15-15 105 ILCS 235/15-20 105 ILCS 235/15-25 rep. Amends the School Code. In the State aid formula applicable to the 1998-1999 and subsequent school years, provides that the Foundation Level of support for the 2001-2002 and subsequent school years shall be the Foundation Level of support for the preceding school year increased by an amount equal to that prior Foundation Level multiplied by the percentage increase in the Consumer Price Index. Eliminates provisions that create and prescribe the powers and duties of the Education Funding Advisory Board. Also amends the General State Aid Continuing Appropriation Law. Makes that Law, which currently applies only to fiscal years 1999 through 2001, applicable to fiscal year 1999 and each fiscal year thereafter, and also repeals a provision of that Law that provides for the Law's repeal on June 30, 2001. Effective July 1, 1998. 98-02-19 S FIRST READING 98-02-19 S REFERRED TO SENATE RULES COMMITTEE RULES 98-02-27 S ADDED AS A CHIEF CO-SPONSOR WALSH,L 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary