Mill Levy Equalization
| Type | Bill |
|---|---|
| Session | 2024 Regular Session |
| Subjects |
Concerning funding for charter school institute mill levy equalization, and, in connection therewith, increasing and decreasing appropriations.
Bill Summary:
Current law requires the general assembly to appropriate or transfer money to the mill levy equalization fund (fund) for institute charter school (institute) funding. The act repeals the fund.
For the 2024-25 budget year and each budget year thereafter, the general assembly shall appropriate money from the general fund or the state education fund to the state charter school institute to fund full mill levy equalization for all institute charter schools.
Appropriations made in the annual general appropriation act for the 2024-25 state fiscal year to the department of education for use by the state charter school institute are adjusted as follows:
- The cash fund appropriation from the fund for institute mill levy equalization is decreased by $735,000;
- The reappropriated funds appropriation from the fund for institute mill levy equalization is decreased by $49,220,696;
- The general fund for institute mill levy equalization is decreased by $22,000,000; and
- The cash funds appropriation from the state education fund for institute mill levy equalization is increased by $22,000,000.
EFFECTIVE April 18, 2024
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 03/27/2024 | PA1 |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 24-1394 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 9-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment J.001 | The motion passed without objection. | Vote summary |
| Refer House Bill 24-1394, as amended, to the Committee of the Whole. | The motion passed on a vote of 10-1. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/05/2024 | Third Reading | BILL |
21
AYE
4
NO
10
OTHER
|
Vote record |
| 04/04/2024 | Committee of the Whole | COW * (S.002) |
9
AYE
24
NO
2
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/01/2024 | Third Reading | BILL |
45
AYE
19
NO
1
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 04/18/2024 | Governor | Governor Signed |
| 04/12/2024 | Governor | Sent to the Governor |
| 04/12/2024 | Senate | Signed by the President of the Senate |
| 04/11/2024 | House | Signed by the Speaker of the House |
| 04/05/2024 | Senate | Senate Third Reading Passed - No Amendments |
| 04/04/2024 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 04/03/2024 | Senate | Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 04/01/2024 | Senate | Introduced In Senate - Assigned to Appropriations |
| 04/01/2024 | House | House Third Reading Passed - No Amendments |
| 03/28/2024 | House | House Second Reading Special Order - Passed with Amendments - Committee |
| 03/27/2024 | House | House Committee on Appropriations Refer Amended to House Committee of the Whole |
| 03/25/2024 | House | Introduced In House - Assigned to Appropriations |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 04/18/2024 | 96 | Mill Levy Equalization |