ACCELERATION OF SCHOOL FUNDING Senate SponsorsSen. Andy Manar-Dan McConchie-Heather A. Steans-Melinda Bush and Robert F. Martwick 1/13/2021SenateSession 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 5/18-8.15Amends 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. 2/14/2020SenateFiled with Secretary by Sen. Andy Manar 2/14/2020SenateFirst Reading 2/14/2020SenateReferred to Assignments 2/25/2020SenateAdded as Chief Co-Sponsor Sen. Dan McConchie 3/6/2020SenateAdded as Chief Co-Sponsor Sen. Heather A. Steans 3/12/2020SenateAssigned to Appropriations II 3/12/2020SenateAdded as Chief Co-Sponsor Sen. Melinda Bush 3/13/2020SenateAdded as Co-Sponsor Sen. Robert F. Martwick 3/18/2020SenateRule 2-10 Committee Deadline Established As April 2, 2020 3/25/2020SenateRule 2-10 Committee Deadline Established As April 24, 2020 3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020 4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 4/16/2020SenateRule 2-10 Committee Deadline Established As April 30, 2020 4/23/2020SenateRule 2-10 Committee Deadline Established As May 7, 2020 4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Committee Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Committee Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020 5/15/2020SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020 1/13/2021SenateSession Sine Die