91st General Assembly
Summary of SB1134
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Senate Sponsors:

Short description: 
SCH CD-ST AID-LOCAL RESOURCES                                              

Synopsis of Bill as introduced:
        Amends the  School  Code.   Provides  that  the  Available  Local      
   Resources  of a grant-eligible district, as a component of the formula      
   by which that district's general  State  aid  is  computed,  shall  be      
   determined  using  an  equalized  assessed valuation of the district's      
   taxable property that reflects the limitations placed by the  Property      
   Tax  Extension  Limitation  Law on the growth in district property tax      
   revenues.  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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