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2012 SESSION

• | print version

HB 468 Public school funding; Department of Education to adjust local composite index (LCI) calculation.

Introduced by: David B. Albo | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Public school funding; LCI calculation.  Requires the Department of Education to adjust its calculation of the composite index of local ability to pay for public education by (i) reducing the maximum LCI of 0.80 by 0.02 each year for a period of 10 years and (ii) using the average of true value of real property, adjusted gross income, taxable retail sales, average daily membership, and total population over the preceding five-year period in calculating the LCI.

FULL TEXT

• 01/10/12  House: Prefiled and ordered printed; offered 01/11/12 12102660D  pdf | impact statement

HISTORY

• 01/10/12  House: Prefiled and ordered printed; offered 01/11/12 12102660D
• 01/10/12  House: Referred to Committee on Appropriations
• 01/16/12  House: Assigned App. sub: Elementary & Secondary Education
• 01/31/12  House: Subcommittee recommends laying on the table by voice vote
• 02/20/12  House: Left in Appropriations