2nd Sub.
H.B.
295
EXPANDED USES OF SCHOOL DISTRICT PROPERTY TAX REVENUE
House Floor
Amendments
Amendment 2 March 5, 2010 11:34 AM
Representative James A. Dunnigan proposes the following amendments:
1. Page 1, Lines 20 through 21 :
20 . allows local school boards to use revenue collected from certain capital property tax
21 levies for
certain
general fund purposes for fiscal years 2010-11 and 2011-12;
2. Page 3, Lines 68 through 78 :
68 (5) (a) Notwithstanding Subsections (1)(a), (b), and (c) and subject to
{
Subsection
}
Subsections
69 (5)(b)
and (c)
, for fiscal years 2010-11 and 2011-12, a local school board may use the proceeds of the
70 local school board's capital outlay levy for general fund purposes if the proceeds are not
71 committed or dedicated to pay debt service or bond payments.
72 (b) If a local school board uses the proceeds described in Subsection (5)(a) for general
73 fund purposes, the local school board shall notify the public of the local school board's use of
74 the capital outlay levy proceeds for general fund purposes:
75 (i) prior to the board's budget hearing in accordance with the notification requirements
76 described in Section 53A-19-102 ; and
77 (ii) at a budget hearing required in Section 53A-19-102 .
(c) A local school board may not use the proceeds described in Subsection (5)(a) to fund the
following accounting function classifications as provided in the Financial Accounting for Local and
State School Systems guidelines developed by the National Center for Education Statistics:
(i) 2300 Support Services - General District Administration; or
(ii) 2500 Support Services - Central Services.
78 Section 2. Section 53A-19-102 is amended to read:
Page 1 of 1
hb0295s02.hfa.02.wpd LRGC AStallings astallings