DAVIS,STEVE, BRUNSVOLD, HOLBROOK, HOWARD, KENNER,
SCULLY, CROTTY, GARRETT, CURRY,JULIE, O'BRIEN, MCKEON,
DAVIS,MONIQUE, SHARP, PUGH AND GASH.
FUND EDUCATION FIRST ACT
Synopsis of Bill as introduced:
Creates the Fund Education First Act. Beginning with fiscal year
2000, and in each fiscal year thereafter, provides that until the sum
of State and federal spending for elementary and secondary education
for the fiscal year represents 50% of the total revenues that the
State Superintendent of Education estimates are available from local,
State, and federal sources for elementary and secondary education for
that fiscal year, the amount appropriated by the General Assembly from
general funds for educational programs for that fiscal year shall be
at least equal to the sum of (1) 51% of total new general funds
available for spending from certain sources during that fiscal year
plus (2) the total amount appropriated from general funds for
educational programs during the preceding fiscal year. Requires the
Governor, beginning with fiscal year 2001, to include in his annual
budget an allocation for education that conforms to the provisions of
the Fund Education First Act. Effective immediately.
FISCAL NOTE (State Board of Education)
New GRF Annual 770,000,000
New GRF Annual 883,800,000
New GRF Annual 922,822,000
Elementary and Secondary Education 313,729,000
New GRF Annual 964,350,000
Elementary and Secondary Education 327,847,000
STATE MANDATES NOTE (State Board of Education)
No change from previous SBE fiscal note.
JUDICIAL NOTE (Administrative Office of Ill. Courts)
There would be no increase in the number of judges needed.
BALANCED BUDGET NOTE (Bureau of Budget)
Since this bill is not a supplemental appropriation bill,
it is not possible to complete this Note.
HOUSE AMENDMENT NO. 1.
Excludes annual State contributions to the Teachers' Retirement
System of the State of Illinois, the Public School Teachers' Pension
and Retirement Fund of Chicago, and the State Universities Retirement
System from the 51% of total new general funds that is required to be
HOUSING AFFORDABILITY NOTE (Housing Development Authority)
There will be no fiscal effect on a single-family residence.
HOME RULE NOTE (Dept. Commerce and Community Affairs)
Does not preempt home rule.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status