Illinois 93rd Regular Session Status: In Committee

SB 604 — SCHOOL DIST DISTRIBUTIVE FUND

Last action — Session Sine Die

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 93rd Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the State Revenue Sharing Act. Provides that, beginning on January 1, 2004, each month the Department of Revenue shall certify an amount equal to 1/11 (now, 1/10) of the net revenue realized from income taxes collected during the preceding month and shall certify an amount equal to the difference between 1/10 of the net revenue and 1/11 of the net revenue realized from income taxes collected during the preceding month. Provides that the Treasurer shall transfer from the General Revenue Fund an amount equal to the difference between 1/10 of the net revenue realized and 1/11 of the net revenue realized to a special fund in the State treasury, to be known as the School District Distributive Fund. Provides for the monthly distribution of money from the School District Distributive Fund to school districts in proportion to the average daily attendance of students in the school district as compared to the aggregate average daily attendance in school districts in the State. Amends the State Finance Act to create the new Fund. Effective January 1, 2004.

Bill Text

Action History

  1. Session Sine Die

  2. Rule 3-9(a) / Re-referred to Rules

  3. To Subcommittee

  4. Postponed - Local Government

  5. Assigned to Local Government

  6. Referred to Rules

  7. First Reading

  8. Filed with Secretary by Sen. Dan Cronin

Sponsors

  • Dan Cronin · Cosponsor

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

  • Dan Cronin

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

taxation education
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Frequently asked questions

What does SB 604 do?
Amends the State Revenue Sharing Act. Provides that, beginning on January 1, 2004, each month the Department of Revenue shall certify an amount equal to 1/11 (now, 1/10) of the net revenue realized from income taxes collected during the preceding month and shall certify an amount equal to the difference between 1/10 of the net revenue and 1/11 of the net revenue realized from income taxes collected during the preceding month. Provides that the Treasurer shall transfer from the General Revenue Fund an amount equal to the difference between 1/10 of the net revenue realized and 1/11 of the net revenue realized to a special fund in the State treasury, to be known as the School District Distributive Fund. Provides for the monthly distribution of money from the School District Distributive Fund to school districts in proportion to the average daily attendance of students in the school district as compared to the aggregate average daily attendance in school districts in the State. Amends the State Finance Act to create the new Fund. Effective January 1, 2004.
Who sponsors SB 604?
SB 604 is sponsored by Dan Cronin.
What is the current status of SB 604?
This bill died with 93rd Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 604?
Track SB 604 free on One Click Politics — get push/email alerts when it moves.

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