92nd General Assembly
Summary of HB3756
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House Sponsors:

Short description: 
SCH CD-ST AID-LOCAL RESOURCES                                              

Synopsis of Bill as introduced:
        Amends the School Code. In  the  State  aid  formula  provisions,      
   changes  a component used to calculate local property tax revenues per      
   pupil and a component used  to  adjust  the  real  property  equalized      
   assessed valuation, for a school district maintaining grades 9 through      
   12,  from 1.05% to (i) 1.06% for the 2002-2003 school year, (ii) 1.07%      
   for the 2003-2004 school year, (iii) 1.08% for  the  2004-2005  school      
   year,  (iv) 1.09% for the 2005-2006 school year, and (v) 1.10% for the      
   2006-2007 school year and each school year thereafter.  Effective July      
   1, 2002.                                                                    
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

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


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