- Introduced -

SB 205 - This act revises school aid for school districts which are paid based upon the district's 1992-93 per eligible pupil payment amount rather than the payment amount calculated under the current formula (including some portion of Line 14 payment) because the 1992-93 payment amount is greater. Such districts are generally referred to as "hold harmless" districts. This act requires districts to have an operating levy of at least $2.75 in order to receive the hold harmless payment adjustment. This act would cause the hold harmless per eligible pupil payment amount to be adjusted, relative to the 1992-1993 school year amount, by the cumulative (CPI) increase from the 2003-04 school year to the current year.

This act is similar to SB 863 (2002).

DONALD THALHUBER