Illinois § 11.2
Full text of Illinois Illinois Compiled Statutes § 11.2, with citation guidance and answers to common questions.
§ 11.2.
Funding of certain school districts; fiscal year 2019. (a) On July 1, 2018, or as soon as practical thereafter, the State Board of Education shall identify to the Department of Revenue school districts having Personal Property Tax Replacement Fund receipts totaling 13% or more of their total revenues in fiscal year 2017. (b) In fiscal year 2019, any school district identified under subsection (a) shall receive, in addition to its annual distributions from the Personal Property Tax Replacement Fund, 16% of the total amount distributed to the school district from the Personal Property Tax Replacement Fund during fiscal year 2017, provided that the total amount of additional distributions under this Section shall not exceed $4,300,000. If the total additional distributions exceed $4,300,000, such distributions shall be calculated on a pro rata basis, based on the percentage of each district's total fiscal year 2017 revenues to the total fiscal year 2017 revenues of all districts qualifying for an additional distribution under this Section. (Source: P.A. 100-587, eff. 6-4-18.)
Frequently Asked Questions About Illinois § 11.2
What does Illinois Compiled Statutes § 11.2 cover?
Section 11.2 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 11.2?
A common citation format is "Illinois Compiled Statutes § 11.2" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 11.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.