HB 5028

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Sch Cd-Plant Closure Grants

Abstract

Amends the School Code. Requires the State Board of Education to provide grants to eligible school districts to recoup lost revenue due to an industrial facility or plant closure that is the result of a change in State law or rules. Provides that in order to be eligible for a grant, the industrial facility or plant closure must result in the school district losing at least 15% of its local resource revenue in the preceding tax year during the tax year in which the industrial facility or plant closure takes place. Provides that funding for grants shall come from funds appropriated to the State Board of Education for property tax relief pool grants and a school district is eligible for a grant in the amount of 50% of the lost revenue due to the industrial facility or plant closure. Provides for rulemaking. Effective immediately.

Bill Sponsors (2)

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Actions


Jun 23, 2020

House

Rule 19(b) / Re-referred to Rules Committee

Mar 12, 2020

House

Assigned to Appropriations-Elementary & Secondary Education Committee

Mar 04, 2020

House

Added Chief Co-Sponsor Rep. Norine K. Hammond

Feb 18, 2020

House

First Reading

House

Referred to Rules Committee

Feb 13, 2020

House

Filed with the Clerk by Rep. Avery Bourne

Bill Text

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Sources

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