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| | 09900HB0805ham003 | - 2 - | LRB099 04625 SXM 34070 a |
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1 | | State aid under Section 18-8.15 of this Code that the district |
2 | | is eligible to receive for each school year shall be no less |
3 | | than the amount of the State payment that was received by the |
4 | | district under this Code
for the 2014-2015 school year, |
5 | | pursuant to the provisions of this Code as it was then in |
6 | | effect. |
7 | | (b) If, as provided in subsection (a) of this Section, a |
8 | | school district is to receive State aid under Section 18-8.15 |
9 | | of this Code for the 2015-2016 school year and any subsequent |
10 | | school
year that in any such school year is less than the |
11 | | amount of the State payment that the district received for the |
12 | | 2014-2015 school year, the school district shall also receive, |
13 | | from a separate appropriation made for the purposes of this |
14 | | Section, a supplementary payment that is equal to the amount of |
15 | | the difference in the State payment figures as described in |
16 | | subsection (a) of this Section.
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17 | | Section 99. Effective date. This Act takes effect upon |
18 | | becoming law or on the date Senate Bill 1 of the 99th General |
19 | | Assembly takes effect, whichever is later.".
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