S.B. 81
         SCHOOL PROPERTY TAX FUNDING

Senate Committee Amendments

Amendment 1 February 26, 2013 4:32 PM



Senator Aaron Osmond proposes the following amendments:


1.    Page 1, Lines 13 through 16 :    

             13          .    sets the school minimum basic tax rate at a fixed rate;
      .     provides for certain notification and certification requirements related to the school minimum basic tax rate;      

             14          .    repeals certain public notice requirements related to the school minimum basic tax
             15      rate;
    
  . requires specified increases in the value of the weighted pupil unit as the minimum basic tax rate generates additional revenue for the basic program;      

             16          .    amends a school board local levy;

2.    Page 1, Lines 23 through 24 :    

             23      Other Special Clauses:
             24          This bill has retrospective operation to January 1, 2013.
    
  This bill coordinates with S.B. 1, Public Education Base Budget, by providing superseding substantive amendments.      


3.    Page 2, Line 34 :    

             34          63I-1-253, as last amended by Laws of Utah 2012, Chapter 369
  Utah Code Sections Affected by Coordination Clause:

    53A-17a-135, as last amended by Laws of Utah 2012, Chapters 4 and 421  



4.    Page 9, Lines 266 through 268 :    

             266          [(c)] (3)
  (a) On or before June 8, the State Tax Commission shall provide the State Board of Education and each school district with an initial estimate of:

        (i) the minimum basic tax rate to be imposed under Subsection (2); and
        (ii) the basic levy increment rate.
    (b)  
The State Tax Commission shall certify on or before June 22 the [rate that

             267      generates $289,021,900 in revenues statewide] minimum basic tax rate to be imposed under
             268      Subsection (2)
  and the basic levy increment rate       .


5.    Page 10, Lines 283 through 288 :    

             283          (6) The Legislature shall annually increase the
{   dollar amount appropriated for the basic   }

             284     
{   program   }        the value of the weighted pupil unit, except for the value of add-on weighted pupil units for the special education program described in Section 53A-17a-111 and the career and technical education program described in Section 53A-17a-113,       by an amount        that fully appropriates an amount       equal to any difference between:

             285          (a) the amount of revenue generated statewide by the tax rate imposed in accordance
             286      with Subsection (2); and
             287          (b) the amount of revenue that would be generated statewide by a tax rate equal to the
             288      certified revenue levy.

6.    Page 23, Line 707 :    

             707          This bill has retrospective operation to January 1, 2013.
    
  Section 10. Coordinating S.B. 81 with S.B. 1 -- Superseding substantive amendments.      

    
  If this S.B. 81 and S.B. 1, Public Education Base Budget, both pass and become law, the Legislature intends that the amendments to Section 53A-17a-135 in this S.B. 81 supersede the amendments to Section 53A-17a-135 in S.B. 1, when the Office of Legislative Research and General Counsel prepares the Utah Code database for publication.      

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LRGC cpeterson phildean H 02/26/13 4:16p