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91_HB2953
LRB9109355NTsb
1 AN ACT to amend the School Construction Law by changing
2 Sections 5-25 and 5-35.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The School Construction Law is amended by
6 changing Sections 5-25 and 5-35 as follows:
7 (105 ILCS 230/5-25)
8 Sec. 5-25. Eligibility and project standards.
9 (a) The State Board of Education shall establish
10 eligibility standards for school construction project grants
11 and debt service grants. These standards shall include
12 minimum enrollment requirements for eligibility for school
13 construction project grants of 200 students for elementary
14 districts, 200 students for high school districts, and 400
15 students for unit districts. The State Board of Education
16 shall approve a district's eligibility for a school
17 construction project grant or a debt service grant pursuant
18 to the established standards.
19 (b) The Capital Development Board shall establish
20 project standards for all school construction project grants
21 provided pursuant to this Article. These standards shall
22 include space and capacity standards as well as the
23 determination of recognized project costs that shall be
24 eligible for State financial assistance and enrichment costs
25 that shall not be eligible for State financial assistance.
26 (c) The State Board of Education and the Capital
27 Development Board shall not establish standards that
28 disapprove or otherwise establish limitations that restrict
29 the eligibility of a school district with a population
30 exceeding 500,000 for a school construction project grant
31 based on the fact that any or all of the school construction
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1 project grant will be used to pay debt service or to make
2 lease payments, as authorized by subsection (b-5) (b) of
3 Section 5-35 of this Law.
4 (Source: P.A. 90-548, eff. 1-1-98; 91-38, eff. 6-15-99.)
5 (105 ILCS 230/5-35)
6 Sec. 5-35. School construction project grant amounts;
7 permitted use; prohibited use.
8 (a) The product of the district's grant index and the
9 recognized project cost, as determined by the Capital
10 Development Board, for an approved school construction
11 project shall equal the amount of the grant the Capital
12 Development Board shall provide to the eligible district.
13 The grant index shall not be used in cases where the General
14 Assembly and the Governor approve appropriations designated
15 for specifically identified school district construction
16 projects.
17 (b) In each fiscal year in which school construction
18 project grants are awarded, 20% of the total amount awarded
19 statewide shall be awarded to a school district with a
20 population exceeding 500,000, provided such district complies
21 with the provisions of this Article.
22 (b-5) In addition to the uses otherwise authorized by
23 this Law, a any school district with a population exceeding
24 500,000 is authorized to use any or all of the school
25 construction project grants (i) to pay debt service, as
26 defined in the Local Government Debt Reform Act, on bonds, as
27 defined in the Local Government Debt Reform Act, issued to
28 finance one or more school construction projects and (ii) to
29 the extent that any such bond is a lease or other installment
30 or financing contract between the school district and a
31 public building commission that has issued bonds to finance
32 one or more qualifying school construction projects, to make
33 lease payments under the lease.
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1 (c) No portion of a school construction project grant
2 awarded by the Capital Development Board shall be used by a
3 school district for any on-going operational costs.
4 (Source: P.A. 90-548, eff. 1-1-98; 91-38, eff. 6-15-99.)
5 Section 99. Effective date. This Act takes effect upon
6 becoming law.