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AL HB788
Bill
Status
3/30/2010
Primary Sponsor
Randy Davis
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AI Summary
HB 788 Summary
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Amends Section 16-13-231 of the Alabama Code to cap the local funding requirement for school districts participating in the state Foundation Program at 5% of the previous fiscal year's statewide total for fiscal years beginning September 30, 2012.
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Maintains the requirement that local boards of education provide ten mills of local school tax district ad valorem tax to participate in the Foundation Program, but adds a ceiling on individual district contributions.
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The 5% cap applies to the total amount contributed by all local boards of education complying with the funding prerequisite, preventing any single district from exceeding that proportional share.
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Effective immediately upon passage and approval by the Governor.
Legislative Description
Foundation Program, funding prerequisite to participation in, local boards of education not required to provide an amount greater than five percent of total amount contributed during prior fiscal year for fiscal year ending September 30, 2010, Sec. 16-13-231 am'd.
Education
Last Action
Read for the first time and referred to the House of Representatives committee on Education Appropriations
3/30/2010