SB 446 Modifies the elementary and secondary education funding formula
Sponsor: Rupp
LR Number: 2100S.01I Fiscal Note:
Committee: Education
Last Action: 2/26/2009 - Second Read and Referred S Education Committee Journal Page: S424
Title: Calendar Position:
Effective Date: August 28, 2009

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Current Bill Summary

SB 446 – This act modifies the elementary and secondary education funding formula. It removes from the calculation of the state adequacy target the inclusion of the gaming revenues from the repeal of the loss limits. The gaming revenues will instead be distributed through the Classroom Trust Fund.

This act contains a provision also contained in SB 24 (2009) and SB 25 (2009).