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<xml>
<title>Illinois General Assembly - Bill Status for SB 1552         </title>
<shortdesc>REVENUE-SCHOOL DISTRICTS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jil Tracy-David Koehler-Chapin Rose-Sue Rezin-Pat McGuire</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Lawrence Walsh, Jr.-Dan Caulkins-Monica Bristow-Norine K. Hammond-Thaddeus Jones and Nathan D. Reitz)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 115/11.3 new</reference><aliasreference></aliasreference><SynopsisText>Amends the State Revenue Sharing Act. Provides that each school district having Personal Property Tax Replacement Fund receipts totaling 13% or more of its total revenues in the previous fiscal year shall receive an additional amount equal to 11% of the total amount distributed to the school district from the Personal Property Tax Replacement Fund. Requires the State Board of Education to identify those school districts to the Department of Revenue. Provides that the total amount of additional distributions shall not exceed $4,353,136. Effective immediately.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes: (1) provides that school districts having Personal Property Tax Replacement Fund receipts totaling 13% or more of their total revenues in fiscal year 2018 are entitled to the additional distribution (in the introduced bill, the eligibility of districts is determined each fiscal year); (2) provides that the additional distribution shall be made only in fiscal year 2020 and shall be 19% (in the introduced bill, 11%) of the total amount distributed to the school district from the Personal Property Tax Replacement Fund during fiscal year 2018; and (3) provides that the total amount of additional distributions shall not exceed $4,769,101 (in the introduced bill, $4,353,136). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jil Tracy</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/26/2019</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. David Koehler</action>
<statusdate>2/27/2019</statusdate><chamber>Senate</chamber><action>Assigned to Education</action>
<statusdate>3/12/2019</statusdate><chamber>Senate</chamber><action>Do Pass Education;  015-000-000</action>
<statusdate>3/12/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 13, 2019</action>
<statusdate>3/13/2019</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/13/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 14, 2019</action>
<statusdate>4/5/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Jil Tracy</action>
<statusdate>4/5/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Education</action>
<statusdate>4/9/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Education;  010-000-000</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Tracy</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 058-000-000</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Chapin Rose</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Sue Rezin</action>
<statusdate>4/10/2019</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Pat McGuire</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Lawrence Walsh, Jr.</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Dan Caulkins</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Monica Bristow</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Norine K. Hammond</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Thaddeus Jones</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/11/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/30/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>5/9/2019</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>5/10/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/22/2019</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Nathan D. Reitz</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

