Bill Title: Amends the School Code. Provides that for the 2009-2010 school year and each school year thereafter, for school districts located in more than one county that use an estimated equalized assessed value to calculate the limiting rate utilized in specified calculations, the State Board of Education shall make estimated payments of the resulting general State aid claim until the actual limiting rate becomes available and is provided to the State Board of Education by the affected school districts. Provides that once the actual limiting rate becomes available for the school districts in a specified manner, the State Board of Education shall recalculate the general State aid claim of those school districts using the actual limiting rate and adjust the remaining general State aid payments for those school districts so that those school districts receive the total amount of general State aid payments resulting from the use of the actual limiting rate. Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Passed) 2010-11-19 - Public Act . . . . . . . . . 96-1480 [SB2499 Detail]

Text: Latest bill text (Enrolled) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	Motion in House	2010-11-18	80	29	1	0	110	Passed	Link	View
Senate	Motion in Senate	2010-11-17	38	16	5	0	59	Passed	Link	View
House	Third Reading in House	2010-04-29	113	0	2	0	115	Passed	Link	View
Senate	Third Reading in Senate	2010-03-18	40	15	4	0	59	Passed	Link	View