Text: S05617 Text: S05619 Text: S05600 - S05699 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend the House amendment, S-5336, to Senate File 1 2 2252, as passed by the Senate, as follows: 1 3 #1. Page 1, by striking lines 3 through 12 and 1 4 inserting the following: 1 5 "# . Page 1, by striking lines 5 through 26 and 1 6 inserting the following: 1 7 "NEW SUBSECTION. 4. LEGISLATIVE REVIEW. The 1 8 provisions of this chapter shall be subject to 1 9 legislative review at least every five years. The 1 10 review shall be based upon a school finance formula 1 11 status report containing the recommendations of a 1 12 legislative interim committee appointed to conduct a 1 13 review of the school finance formula, to be prepared 1 14 with the assistance of the department of education, in 1 15 association with the departments of management and 1 16 revenue and finance. The report shall include 1 17 recommendations for school finance formula changes or 1 18 revisions based upon demographic changes, enrollment 1 19 trends, and property tax valuation fluctuations 1 20 observed during the preceding five-year interval; an 1 21 analysis of the operation of the school finance 1 22 formula during the preceding five-year interval; and a 1 23 summary of issues that have arisen since the previous 1 24 review and potential approaches for their resolution. 1 25 The first such report shall be submitted to the 1 26 general assembly no later than January 1, 2005, with 1 27 subsequent reports developed and submitted by January 1 28 1 at least every fifth year thereafter."" 1 29 #2. By renumbering as necessary. 1 30 1 31 1 32 1 33 DONALD B. REDFERN 1 34 SF 2252.713 78 1 35 rn/cls
Text: S05617 Text: S05619 Text: S05600 - S05699 Text: S Index Bills and Amendments: General Index Bill History: General Index
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