SCH CD-TAX EQUIVALENT GRANTS Senate SponsorsSen. Larry K. Bomke 1/9/2007SenateSession Sine Die 105 ILCS 5/18-4.4from Ch. 122, par. 18-4.4Amends the School Code. Requires a tax-equivalent grant to be paid to any school district where a State-owned institution is located (now, a school district is entitled to a grant only if the State owns 45% or more of the total land area of the district). Provides that tax-equivalent grants are subject to appropriation. Effective July 1, 2005. 1/26/2005SenateFiled with Secretary by Sen. Larry K. Bomke 1/26/2005SenateFirst Reading 1/26/2005SenateReferred to Rules 2/3/2005SenateAssigned to Education 2/16/2005SenateHeld in Education 2/24/2005SenatePostponed - Education 3/2/2005SenatePostponed - Education 3/18/2005SenateRule 3-9(a) / Re-referred to Rules 1/9/2007SenateSession Sine Die