SCH CD-SUPP STATE AID

Amends the School Code. In provisions concerning general and supplemental State aid, removes language that provides that if the appropriation in any fiscal year for general State aid and supplemental general State aid is insufficient to pay the amounts required under the general State aid and supplemental general State aid calculations, then the State Board of Education shall ensure that each school district receives the full amount due for general State aid and the remainder of the appropriation shall be used for supplemental general State aid, which the State Board of Education shall calculate and pay to eligible districts on a prorated basis. Provides that a General State Aid Entitlement (defined as the sum of the amounts calculated under the recomputation of claims provisions, the general State aid provisions, and the supplemental general State aid provisions of the School Code) shall be calculated for each school district. Provides that payments to districts shall be based on the General State Aid Entitlement, instead of its separate components. Provides that if the appropriation in any fiscal year for the General State Aid Entitlement is insufficient to pay the amounts required, then the payments shall be prorated as appropriate, with any shortage being subtracted from the final warrant or warrants for that fiscal year. Effective July 1, 2005.