IL - HB 2986Primary Sponsor:
William Davis (D)
This Act removes the trigger provision that would provide more state funding to wealthier school districts that pay more generous pensions. Specifically, it removes the trigger provision added in 2017 to the state’s education funding formula that would increase a school’s funding adequacy target based on the employer normal cost of pensions if the school district is made responsible for those payments.
Assigned to Appropriations Elementary and Secondary Education Committee