Constitutional amendment; K-12 funding (first reference). (SJ20)

Introduced By

Sen. Steve Newman (R-Forest)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

Description

Constitutional amendment (first reference); K-12 funding. Provides that for any year in which there is a surplus, the budget shall include an appropriation of five percent of such surplus for the operational costs of local school divisions. The resolution provides for an equivalent decrease in the amount of operational costs funded by the Lottery Proceeds Fund and an equivalent increase in the amount of funds in the Fund restricted exclusively for local school divisions' capital construction and renovation costs. If the restricted amount is equal to or greater than the amount in the Fund, the increases and decreases are no longer required under the resolution. Read the Bill »

Status

01/11/2022: Awaiting a Vote in the Privileges and Elections Committee

History

DateAction
01/11/2022Prefiled and ordered printed; offered 01/12/22 22103564D
01/11/2022Referred to Committee on Privileges and Elections
01/25/2022Continued to 2023 in Privileges and Elections (15-Y 0-N) (see vote tally)

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