Bill
Number: H.B. 2587
Braswell Amendment #2
Reference to: House engrossed bill
Amendment drafted by: Stacey Morley
FLOOR AMENDMENT EXPLANATION
Requires newly unified school districts who increase their RCL and DSL as authorized by the bill to seek voter approval to fund ½ have of the authorized increase through the secondary property tax rate.
Conditions a district’s ability to budget for unification assistance upon the voters approving the increased secondary property tax rate.
Second Regular Session H.B. 2587
BRASWELL FLOOR AMENDMENT #2
SENATE AMENDMENTS TO H.B. 2587
(Reference to House engrossed bill)
Page 1, lines 19 and 28, after the period, insert "The school district shall conduct an election to seek voter approval to fund one-half of the increase in the revenue control limit prescribed in this paragraph with an assessment on the secondary property tax rate of the school district. If approved by a majority of the qualified electors voting on the question, the school district shall fund one-half of the increase in the revenue control limit prescribed in this paragraph with an assessment on the secondary property tax rate of the school district, and equalization assistance for the school district pursuant to section 15-971 shall be reduced accordingly. If a majority of the qualified electors voting on the question fail to approve the proposed secondary property tax rate increase, the school district shall not be eligible for unification assistance. If an election is conducted pursuant to section 15-458, subsection G or section 15-459, subsection B, paragraph 5, the proposed increase in the property tax rate shall be submitted to the voters at the same election."
Amend title to conform
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4/29/2010
10:55 AM
S: SM/tam