ACCELERATION OF SCHOOL FUNDING House SponsorsRep. William Davis-Mark Batinick-Avery Bourne 1/13/2021HouseSession Sine Die 40 ILCS 5/16-158from Ch. 108 1/2, par. 16-15840 ILCS 5/17-127from Ch. 108 1/2, par. 17-12740 ILCS 5/17-129from Ch. 108 1/2, par. 17-12940 ILCS 15/1.140 ILCS 15/1.10 new105 ILCS 5/18-8.15 Amends the Downstate and Chicago Teacher Articles of the Illinois Pension Code to require school districts to pay the employer normal cost of benefits beginning in fiscal year 2021. Amends the State Pension Funds Continuing Appropriation Act to appropriate from the Common School Fund to the State Board of Education, on a continuing annual basis beginning with fiscal year 2021, the amount certified as the employer normal cost, to be distributed by the State Board of Education under the evidence-based funding formula provisions of the School Code. Amends the evidence-based funding formula provisions of the School Code to make changes concerning the employee benefit investments calculation and the Base Funding Minimum calculation. Effective immediately. 2/13/2020HouseFiled with the Clerk by Rep. William Davis 2/18/2020HouseFirst Reading 2/18/2020HouseReferred to Rules Committee 2/26/2020HouseAdded Chief Co-Sponsor Rep. Mark Batinick 2/26/2020HouseAdded Chief Co-Sponsor Rep. Avery Bourne 3/3/2020HouseAssigned to Appropriations-Elementary & Secondary Education Committee 6/23/2020HouseRule 19(b) / Re-referred to Rules Committee 1/13/2021HouseSession Sine Die