Comments: IL HB3673 | 2009-2010 | 96th General Assembly

Bill Title: Amends the State aid formula provisions of the School Code. With respect to determining Available Local Resources, provides that the Corporate Personal Property Replacement Taxes paid to each school district during the calendar year one year (instead of 2 years) before the calendar year in which a school year begins, divided by the Average Daily Attendance figure for that district, shall be added to the local property tax revenues per pupil. Effective July 1, 2009.

Spectrum: Slight Partisan Bill (Democrat 18-7)

Status: (Passed) 2009-08-11 - Public Act . . . . . . . . . 96-0300 [HB3673 Detail]

Text: Latest bill text (Enrolled) [HTML]

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