HB 734/FN (BR 2335) - H. Moberly Jr., J. Greer, R. Rand
AN ACT relating to school finance.
Amend KRS 157.621 to include authorization for the growth nickel that was originally authorized by the 2003 budget; provide that levy of the growth nickels are not subject to recall or voter approval; include equalization funding for the growth nickel authorized under KRS 157.621, as well as equalization funding originally included in the 2005 and 2006 budgets; include noncodified language expressing the intent of the General Assembly to affirm actions taken in the 2003, 2005, and 2006 budget bills.
HB 734 - AMENDMENTS
HCS/FN - Retain original provisions; include authorization for school districts impacted by the Base Realignment and Closure (BRAC) 2005 that meet the requirements set forth in the Act to levy an additional nickel and to receive equalization for the first growth nickel to support school facility construction; delete date limitations; include language authorizing all prior levies by local school districts and affirming all equalization payments made previously and providing that the current status regarding levies and equalization funding shall be maintained until amended by the General Assembly; provide standards for additional school districts to receive equalization funding going forward.
HCA (1, H. Moberly Jr.) - Amend Section 2 of the bill to more clearly state and affirm the intent of the General Assembly in authorizing the levy of growth nickels in past budget bills, and in providing equalization funding to support those levies.
SCS/FN - Retain original provisions except amend language to prohibit imposition of any growth nickels after the effective date of the Act; to amend the requirements for a school district to qualify to levy the "BRAC nickel", to amend language included in the equalization for the ten cent levy to require that the levy be made prior to the effective date of this Act, and to declare an emergency.
SCA (1/Title, V. McGaha) - Make title amendment.
Mar 4-introduced in House
Mar 5-to Appropriations & Revenue (H)
Mar 6-posted in committee
Mar 11-reported favorably, 1st reading, to Calendar with Committee Substitute, committee amendment (1)
Mar 12-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Thursday, March 13, 2008
Mar 14-3rd reading, passed 74-17-1 with Committee Substitute, committee amendment (1)
Mar 17-received in Senate
Mar 25-to Education (S); taken from committee Education (S); 1st reading; returned to Education (S)
Mar 26-taken from committee Education (S); 2nd reading; returned to Education (S)
Mar 27-reported favorably, to Rules with Committee Substitute, committee amendment (1-title) ; posted for passage in the Consent Orders of the Day for Thursday, March 27, 2008; 3rd reading, passed 37-0-1 with Committee Substitute, committee amendment (1-title)
Mar 28-received in House; to Rules (H); posted for passage for concurrence in Senate Committee Substitute, committee amendment (1-title)
Apr 1-House concurred in Senate Committee Substitute, committee amendment (1-title) ; passed 78-14-1; enrolled, signed by each presiding officer; delivered to Governor
Apr 11-signed by Governor (Acts Ch. 80)