House Sponsors: LANG-MCGUIRE-SCHOENBERG-FRITCHEY-SILVA, SMITH,MICHAEL, DAVIS,STEVE, BRUNSVOLD, HOLBROOK, HOWARD, KENNER, SCULLY, CROTTY, GARRETT, CURRY,JULIE, O'BRIEN, MCKEON, DAVIS,MONIQUE, SHARP, PUGH AND GASH. Senate Sponsors: BERMAN Short description: 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) FY1998 GRF $19,624,000,000 New GRF Annual 770,000,000 FY1999 GRF $20,507,100,000 New GRF Annual 883,800,000 FY2000 GRF $21,429,900,000 New GRF Annual 922,822,000 Elementary and Secondary Education 313,729,000 FY2001 GRF $22,394,200,000 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 appropriated. 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 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status