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Public Act 093-0845
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| SB2349 Enrolled |
LRB093 18194 NHT 43889 b |
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AN ACT regarding schools.
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Be it enacted by the People of the State of Illinois, |
represented in the General Assembly:
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Section 5. The School Code is amended by changing
Sections |
2-3.33 and 2-3.84 as follows:
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(105 ILCS 5/2-3.33) (from Ch. 122, par. 2-3.33)
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Sec. 2-3.33. Recomputation of claims. To recompute within |
3 years from the
final date for filing of a claim any claim for |
reimbursement to any school
district if the claim has been |
found to be incorrect and to adjust subsequent
claims |
accordingly, and to recompute and adjust any such claims within |
6 years
from the final date for filing when there has been an |
adverse court or
administrative agency decision on
the merits |
affecting the tax revenues of the school district. However, no |
such
adjustment shall be made regarding equalized assessed |
valuation unless the
district's equalized assessed valuation |
is changed by greater than $250,000 or
2%.
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Except in the case of an adverse court or administrative |
agency decision
no recomputation of a
State aid claim shall be |
made pursuant to this Section as a result of a
reduction in the |
assessed valuation of a school district from the assessed
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valuation of the district reported to the State Board of |
Education by the
Department of Revenue under Section 18-8.05
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18-8 unless the
requirements of Section
16-15 of the Property |
Tax Code and Section 2-3.84 of this Code
Act are
complied with |
in all respects.
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This paragraph applies to all requests for recomputation of |
a general
State aid claim received after June 30, 2003. In |
recomputing a general
State aid claim that was originally |
calculated using an extension
limitation equalized assessed |
valuation under paragraph (3) of
subsection (G) of Section |
18-8.05 of this Code, a qualifying reduction in
equalized |
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assessed valuation shall be deducted from the extension
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limitation equalized assessed valuation that was used in |
calculating the
original claim.
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From the total amount of general State aid to be provided |
to
districts, adjustments as a result of recomputation under |
this Section
together with adjustments under Section 2-3.84 |
must not exceed $25
million, in the aggregate for all districts |
under both Sections combined,
of the general State aid |
appropriation in any fiscal year; if necessary,
amounts shall |
be prorated among districts. If it is necessary to prorate
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claims under this paragraph, then that portion of each prorated |
claim that is
approved but not paid in the current fiscal year |
may be resubmitted as a
valid claim in the following fiscal |
year.
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(Source: P.A. 88-555, eff. 7-27-94; 88-670, eff. 12-2-94;
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89-235, eff. 8-4-95; 89-397, eff. 8-20-95.)
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(105 ILCS 5/2-3.84) (from Ch. 122, par. 2-3.84)
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Sec. 2-3.84. In calculating the amount of State aid to be |
apportioned
to the various school districts in this State, the |
State Board of Education
shall incorporate and deduct the total |
aggregate adjustments to assessments
made by
the State Property |
Tax Appeal Board or Cook County Board of Appeals, as
reported |
pursuant to Section 16-15 of the Property Tax Code or Section
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129.1 of the Revenue Act of 1939 by the Department of Revenue, |
from the
equalized assessed valuation that is otherwise to be |
utilized in
the initial calculation.
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From the total amount of general State aid to be provided |
to
districts, adjustments under this Section together with |
adjustments as a
result of recomputation under Section 2-3.33 |
must not exceed $25
million, in the aggregate for all districts |
under both Sections combined,
of the general State aid |
appropriation in any fiscal year; if necessary,
amounts shall |
be prorated among districts. If it is necessary to prorate
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claims under this paragraph, then that portion of each prorated |
claim that is
approved but not paid in the current fiscal year |
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