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SB17-119

Restoration Of School District Mill Levies

Type Bill
Session 2017 Regular Session
Subjects
Education & School Finance (Pre & K-12)

Concerning calculating the number of property tax mills each school district is required to levy for total program funding in school finance.

Bill Summary:

The bill requires each school district that has obtained voter approval to retain and spend revenues in excess of the property tax revenue limitation imposed on the school district by section 20 of article X of the state constitution to restore the number of mills it levies for purposes of total program funding under the 'Public School Finance Act of 1994' to the number of mills levied in the property tax year immediately preceding the year in which the school district received the voter approval. The mill levies are restored in equal increments over 5 years. A school district is not allowed to levy a number of mills that would exceed the school district's total program as calculated before application of the negative factor.


(Note: This summary applies to this bill as introduced.)

Status

Lost

Introduced

Lost

Related Documents & Information

Date Version Documents
01/27/2017 Introduced PDF
Date Version Documents
05/15/2017 FN2 PDF
02/09/2017 FN1 PDF
Activity Vote Documents
Postpone Senate Bill 17-119 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 3-2. Vote summary
Refer Senate Bill 17-119 to the Committee on Appropriations. The motion failed on a vote of 2-3. Vote summary
Date Location Action
02/13/2017 Senate Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely
01/27/2017 Senate Introduced In Senate - Assigned to State, Veterans, & Military Affairs

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