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IL SB3675
Bill
Status
Introduced
2/5/2026
Primary Sponsor
Rachel Ventura
Click for details
AI Summary
- Requires the State Board of Education and Department of Revenue to conduct a study on education funding reform aimed at controlling costs while creating a more equitable system
- Directs the Board to examine the feasibility of a statewide shared funding system where local districts propose budgets approved by voters and funded through a statewide property tax fund instead of local property taxes
- Report must be submitted to the Governor and General Assembly by December 31, 2026
- Report must include any proposed statutory changes needed to transition to a new funding system
- Amends the School Code by adding Section 1A-12; takes effect immediately upon becoming law
Legislative Description
ISBE-FUNDING STUDY
Last Action
Rule 2-10 Committee Deadline Established As April 24, 2026
3/13/2026
Committee Referrals
Appropriations Education2/17/2026
Assignments2/5/2026
Full Bill Text
No bill text available