92nd General Assembly
Summary of HB4727
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House Sponsors:
   HOLBROOK-GILES-HOFFMAN-DAVIS,STEVE-STEPHENS, 
   MILLER AND MITCHELL,JERRY.

Short description: 
EDUCATION-TECH                                                             

Synopsis of Bill as introduced:
        Amends the School Code.  Makes a technical change  in  a  Section      
   concerning the State aid formula.                                           
          FISCAL NOTE, H-AM 1 (State Board of Education)                       
          There are currently a number school districts that might be-         
          come eligible for this supplemental State aid because of po-         
          tential bankruptcies involving steel companies. It is almost         
          impossible to estimate the number and size of such bankruptcies      
          over time. Currently, Granite City CUSD #9 would be eligible         
          for this payment at a cost of approximately $1 million for each      
          year that the entity is in bankruptcy.                               
 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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 Full Text  Bill Status