91st General Assembly
Summary of HB3555
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House Sponsors:

Short description: 
SCH CONSTRUCT-INDX-ENROLL-COST                                             

Synopsis of Bill as introduced:
        Amends the School Construction  Law.   Provides  that  the  grant      
   index  shall  be  no  less  than  0.50 (instead of no less than 0.35).      
   Eliminates a provision that establishes minimum enrollment requirement      
   standards that a school district must meet to be eligible for a school      
   construction project grant.   Requires  the  recognized  project  cost      
   initially calculated by the Capital Development Board to be changed if      
   the  bid  price  received  by  the  school  district  from the various      
   contractors for the eligible expenditures is not the same as  the  bid      
   estimate  amount  included in the initial calculation.  Effective July      
   1, 2000.                                                                    
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          105 ILCS 230/5-35                                                    
        Provides that for those districts that have not  received  grants      
   from  the  Capital Development Board before the effective date of this      
   amendatory Act, the district's grant index may not be less than 0.50.       
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


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