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House Journal: Page 353: Wednesday, February 25, 1998

Amendment H-8071 lost.
Falck of Fayette asked and received unanimous consent that
amendment H-8072 be deferred.
Falck of Fayette asked and received unanimous consent that
amendment H-8073 be deferred.
Thomas of Clayton offered amendment H-8082 filed by Thomas,   
et al., as follows:

H-8082

 1     Amend House File 2282 as follows:
 2     1.  Page 8, by inserting after line 20 the
 3   following:
 4     "Sec. ___.  Section 298.2, Code Supplement 1997, is
 5   amended by adding the following new subsection:
 6     NEW SUBSECTION.  7.  There is appropriated annually
 7   from the general fund of the state to the department
 8   of management for the school budget year beginning
 9   July 1, 1998, and succeeding budget years, an amount
10   sufficient to equalize the regular physical plant and
11   equipment levy across all school districts having
12   imposed the regular levy at the rate of ninety-two
13   dollars and fifty cents per pupil.  The funds
14   appropriated shall be allocated as follows:
15     a.  For each school district which has imposed the
16   regular physical plant and equipment levy pursuant to
17   this section for the budget year, the department of
18   management shall, by April 15 of the base year,
19   determine whether, and the amount by which, the
20   regular physical plant and equipment levy property tax
21   revenue generated in the school district for the
22   budget year falls below the amount of ninety-two
23   dollars and fifty cents per pupil.  In making this
24   determination, the department shall utilize the most
25   recent figures available for the district's valuation
26   of taxable property and the actual enrollment
27   certified to the department by the department of
28   education for the base year.
29     b.  If it is determined that the property tax
30   revenue generated by the regular physical plant and
31   equipment levy for a school district is less than
32   ninety-two dollars and fifty cents per pupil, the
33   department of management shall deposit, for each
34   school district experiencing a shortfall, an amount
35   equal to the difference between the amount of revenue
36   generated by the school district pursuant to the
37   regular physical plant and equipment levy and the
38   figure of ninety-two dollars and fifty cents per
39   pupil, to the credit of the district in the physical

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Last update: Thu Feb 26 13:40:07 CST 1998
URL: /DOCS/GA/77GA/Session.2/HJournal/00300/00353.html
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