91st General Assembly
Summary of HB2733
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House Sponsors:
JOHNSON,TIM-CROTTY-WOOLARD AND JONES,JOHN.

Senate Sponsors:
WEAVER,S-O'MALLEY-KLEMM

Short description: 
SCH CD-ST AID-LOCAL RESOURCES                                              

Synopsis of Bill as introduced:
        Amends the School Code.  In the  State  aid  formula  provisions,      
   changes  a component used to calculate local property tax revenues per      
   pupil for school districts maintaining  grades  9  through  12  and  a      
   component   used  to  adjust  the  real  property  equalized  assessed      
   valuation for a school district maintaining grades 9 through  12  from      
   1.20% to 1.00%.  Effective immediately.                                     
        SENATE AMENDMENT NO. 1.                                                
        Changes the  component  used  to  calculate  local  property  tax      
   revenues  per pupil and to adjust the real property equalized assessed      
   valuation (for school districts maintaining grades 9 through 12)  from      
   1.00% to 1.05%.                                                             
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


   END OF INQUIRY 



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