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2023 SESSION

• | print version

HB 2399 School boards; unexpended local funds, capital reserve fund permitted.

Introduced by: Shelly A. Simonds | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

School boards; unexpended local funds; capital reserve fund permitted. Permits any school board to establish a capital reserve fund as a savings account into which it exclusively deposits the local operating funds that remain unexpended at the end of the year for future school division capital expenditures at no additional cost to local taxpayers, subject to certain conditions enumerated in the bill.

FULL TEXT

• 01/17/23  House: Presented and ordered printed 23102727D  pdf | impact statement

AMENDMENTS

• House subcommittee amendments and substitutes offered

HISTORY

• 01/17/23  House: Presented and ordered printed 23102727D
• 01/17/23  House: Referred to Committee on Education
• 01/23/23  House: Assigned Education sub: K-12
• 01/24/23  House: Subcommittee failed to recommend reporting (3-Y 5-N)
• 02/07/23  House: Left in Education