91st General Assembly
Summary of SB0244
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Senate Sponsors:

Short description: 
SCH CD-STATE AID-HOLD HARMLESS                                             

Synopsis of Bill as introduced:
        Amends the School Code.  Provides that  a  supplementary  payment      
   that  a  school  district  is  entitled to receive for any school year      
   under the hold-harmless provisions of the State aid formula  shall  be      
   equal  to  the amount of the supplementary payment as calculated under      
   the formula plus the result obtained by multiplying that amount by the      
   percentage increase in the Consumer Price Index  during  the  12-month      
   calendar  year  immediately  preceding the calendar year for which the      
   supplementary payment is to be made.  Effective July 1, 1999.               
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

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


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