Bill Text: IL HB1001 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Amends the School Code. Subject to appropriation, requires a tax-equivalent grant to be paid to any school district where a State-owned institution is located (now, a school district is entitled to a grant only if the State owns 45% or more of the total land area of the district). Effective immediately.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee [HB1001 Detail]
Download: Illinois-2009-HB1001-Introduced.html
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| 1 | AN ACT concerning education.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The School Code is amended by changing Section | ||||||||||||||||||||||||
| 5 | 18-4.4 as follows:
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| 6 | (105 ILCS 5/18-4.4) (from Ch. 122, par. 18-4.4)
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| 7 | Sec. 18-4.4. Tax Equivalent Grants. Subject to | ||||||||||||||||||||||||
| 8 | appropriation, when When any State-owned
State institution is
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| 9 | located in a school district in which the State owns 45% or | ||||||||||||||||||||||||
| 10 | more of the
total land area of the district, the State | ||||||||||||||||||||||||
| 11 | Superintendent of Education
shall annually direct the State | ||||||||||||||||||||||||
| 12 | Comptroller to pay the amount of the
tax-equivalent grants | ||||||||||||||||||||||||
| 13 | provided in this Section, and the State Comptroller shall
draw | ||||||||||||||||||||||||
| 14 | his warrant upon the State Treasurer for the payment of the | ||||||||||||||||||||||||
| 15 | grants. For
fiscal year 1995 and each fiscal year thereafter,
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| 16 | the grant shall equal
0.5% of the equalized assessed
valuation | ||||||||||||||||||||||||
| 17 | of the land owned by the State (computing that equalized | ||||||||||||||||||||||||
| 18 | assessed
valuation by multiplying the average value per taxable | ||||||||||||||||||||||||
| 19 | acre of the school
district by the total number of acres of | ||||||||||||||||||||||||
| 20 | land owned by the State). Annually on
or before September 15, | ||||||||||||||||||||||||
| 21 | 1994 and July 1, thereafter
or, for a school district to which | ||||||||||||||||||||||||
| 22 | this Section first applies on the effective date of this | ||||||||||||||||||||||||
| 23 | amendatory Act of the 96th General Assembly, annually on or | ||||||||||||||||||||||||
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| 1 | before September 15, 2009 and July 1 thereafter, the district
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| 2 | superintendent shall certify to the State Board of Education | ||||||
| 3 | the following
matters:
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| 4 | 1. The name of the State institution.
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| 5 | 2. The total land area of the district in acres.
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| 6 | 3. The total ownership of the land of the State in | ||||||
| 7 | acres.
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| 8 | 4. The total equalized assessed value of all the land | ||||||
| 9 | in the district.
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| 10 | 5. The rate of school tax payable in the year.
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| 11 | 6. The computed amount of the tax-equivalent grant | ||||||
| 12 | claimed.
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| 13 | Failure of any district superintendent to certify the
claim | ||||||
| 14 | for the tax-equivalent grant on or before September 15, 1994 or
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| 15 | July 1 of
a given
subsequent year or, for a school district to | ||||||
| 16 | which this Section first applies on the effective date of this | ||||||
| 17 | amendatory Act of the 96th General Assembly, on or before | ||||||
| 18 | September 15, 2009 or July 1 of a subsequent year shall | ||||||
| 19 | constitute a forfeiture by the district of its right to
such | ||||||
| 20 | grant for the school year.
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| 21 | (Source: P.A. 91-723, eff. 6-2-00.)
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| 22 | Section 99. Effective date. This Act takes effect upon | ||||||
| 23 | becoming law.
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