SB 56 Requires gaming revenues from the repeal of the loss limits to be distributed to school districts based on a district's average daily attendance calculation
Sponsor: Callahan
LR Number: 0523S.02I Fiscal Note:
Committee: Education
Last Action: 1/22/2009 - Second Read and Referred S Education Committee Journal Page: S169
Title: Calendar Position:
Effective Date: August 28, 2009

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Current Bill Summary


SB 56 – 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. Instead, it requires that the gaming revenues from the repeal of the loss limits be distributed to each school district based on a district's average daily attendance calculation.

MICHAEL RUFF