HB1017 REDUCES FOUNDATION FORMULA DEDUCTION FOR LOCAL PROPERTY TAXES.
Sponsor: Kelley, Pat (47) Effective Date:00/00/0000
CoSponsor: Bartle, Matt (56) LR Number:1580-01
Last Action: 03/22/1999 - Referred: Education-Elementary and Secondary (H)
HB1017
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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BILL SUMMARIES

INTRODUCED

HB 1017 -- Assessed Valuation for School Purposes

Co-Sponsors:  Kelley (47), Bartle

Currently in the school funding formula, a district's assessed
valuation is subtracted from the district's entitlement.  This
bill subtracts 97% of the district's assessed valuation in
school year 2000-2001 and 95% thereafter.
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Last Updated September 30, 1999 at 1:28 pm