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A502AFD30FCE535987258784005DA1DF Hearing Summary




PUBLIC
BILL SUMMARY For BILL DRAFT REQUESTS

INTERIM COMMITTEE  LEGISLATIVE INTERIM COMMITTEE ON SCHOOL FINANCE
Date Nov 5, 2021      
Location SCR 357



Bill Draft Requests - Committee Discussion Only


11:03:07 AM  

Brita Darling, Julie Pelegrin, and Alana Rosen, Office of Legislative Legal Services, provided an overview on the process for requesting bill drafts.

11:04:59 AM  

Senator Coleman requested a bill to focus on redefining at-risk parameters for students. The bill will establish a new definition for at-risk. The bill will incorporate data provided from the poverty study.



The committee discussed the potential bill draft. Representative McCluskie shared that because the final results of the poverty study will not be released until the beginning of January, the committee may need more time to work on the bill. Representative McCluskie stated that the committee can review the provery study during their meeting on January 10, 2022 and vote to approve the bill a couple of weeks later during the 2022 Legislative Session.  

11:27:21 AM  

Committee discussion ensued.



11:39:33 AM
Motion Create a bill draft that would focus on redefining at-risk parameters for students.
Moved Larson
Seconded Lundeen
Baisley
Coleman
Kipp
Larson
Lundeen
Zenzinger
Kirkmeyer
McCluskie
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
11:39:47 AM  

Senator Kirkmeyer requested a bill draft that would increase the state share of special education funding. The bill would require the special education funding tiers to be reviewed and updated.  

11:45:00 AM  

Committee discussion ensued.



11:52:02 AM
Motion Create a draft bill to increase the state share of special education funding.
Moved Kirkmeyer
Seconded Larson
Baisley
Coleman
Kipp
Larson
Lundeen
Zenzinger
Kirkmeyer
McCluskie
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
11:52:18 AM  

Representative McCluskie proposed a draft for a bill that would create a Mill Levy Override (MLO) match fund.  



The bill would create an MLO override match fund for purposes of incentivizing lower wealth communities to pass local MLOs so school districts may benefit from additional local funding support.



Representative McCluskie responded to questions from the committee.    

11:57:00 AM  

Committee discussion and questions ensued.



12:21:23 PM
Motion Create a draft bill to create a Mill Levy Override match fund.
Moved McCluskie
Seconded Zenzinger
Baisley No
Coleman Yes
Kipp Yes
Larson No
Lundeen No
Zenzinger Yes
Kirkmeyer No
McCluskie Yes
YES: 4   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  FAIL
12:21:36 PM  

According to House Bill 21-1325, if a vote conducted in the School Finance Committee results in a tie, then the Committee Chair can break the tie with an additional vote. Because the vote for Bill 3 resulted in a tie, Representative McCluskie casted an additional vote for the bill. The bill passed on a vote of 5 to 4.

12:23:42 PM  
Rep McCluskie made
a request for a bill that would aim to improve financial outcomes for school
trust assets.The bill will address the ongoing viability/sustainability
of the Permanent Fund, modernize the distribution formula and create more
flexible investment strategies through a new asset allocation model.  


12:25:28 PM
Motion Create a bill to improve financial outcomes for school trust assets.
Moved McCluskie
Seconded Kirkmeyer
Baisley
Coleman
Kipp
Larson
Lundeen
Zenzinger
Kirkmeyer
McCluskie
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection






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