92nd General Assembly
Status of HB3706
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 Full Text  Bill Summary

   105 ILCS 5/18-4.4         from Ch. 122, par. 18-4.4                         
   105 ILCS 5/18-8.05                                                          

        Amends the School Code. Provides that if a school district has  a      
   single  taxpayer  whose  property  taxes  for  a  single  tax year are      
   delinquent for a period of 6 months or more and whose  property  taxes      
   for  that  tax  year  represent  25%  or  more of the district's total      
   property tax revenue for that tax year, then the district is  entitled      
   to  a  one-time  tax-equivalent  grant.  Makes a change concerning the      
   equalized assessed valuation used in calculating general State aid for      
   a school district whose original equalized assessed  valuation  is  at      
   least  20%  less  for  the year subsequent to the year scheduled to be      
   used in  calculating  the  district's  general  State  aid.  Effective      
   NOV-29-2001  H  FILED WITH CLERK                                               
   NOV-29-2001  H  FIRST READING                                                  
   NOV-29-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-05-2002  H       ASSIGNED TO COMMITTEE               APP-ELM & SEC         
   APR-05-2002  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary