KOSEL-LYONS,EILEEN-ZICKUS-HANNIG-YOUNGE, KLINGLER, WINTERS,
WAIT, COWLISHAW, BOST, POE, JONES,JOHN, PANKAU, MOORE,ANDREA,
MITCHELL, BRADY, WOOD, DURKIN, MULLIGAN, BIGGINS, TENHOUSE,
WINKEL, DEUCHLER, BLACK, STEPHENS, MEYER, GASH, MOORE,EUGENE,
GIGLIO, WOJCIK, COULSON, PERSICO, MURPHY AND PHELPS.
SCHOOLS-HOLD HARMLESS FUNDING
Synopsis of Bill as introduced:
Amends the School Code. Revises the State aid formula applicable
during the 1998-99 and subsequent school years. Deletes language
requiring that if the aggregate amount of any hold-harmless payments
that school districts are to receive in any such school year, as
computed under the applicable formula for that school year, is greater
than the aggregate amount appropriated for that purpose, the
hold-harmless payments that school districts receive for that school
year are to be prorated accordingly. Also amends the General State
Aid Continuing Appropriation Law. Changes the Law's short title and
includes hold-harmless payments required to be made to school
districts under the State aid formula within the ambit of that Law's
application. Effective immediately, except the amendment of the
School Code takes effect July 1, 1998.
FISCAL NOTE (State Board of Education)
Potential cost to Illinois, above the FY98 level, is $20 M in
1999-2000 and $40 M in 2000-2001.
STATE MANDATES FISCAL NOTE (State Board of Education)
No change from SBE fiscal note.
Last action on Bill: PUBLIC ACT.............................. 90-0654
Last action date: 98-07-29
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status