SB591 Summary

• Amends Section 16-13-231 of the Code of Alabama, 1975, which requires local boards of education to provide ten mills of local school tax district ad valorem tax to participate in the state's Foundation Program.

• Beginning in the fiscal year ending September 30, 2012, no local board of education shall be required to provide a local effort amount exceeding 5% of the previous fiscal year's statewide total equivalent of ten mills of local school tax district ad valorem tax.

• Maintains the ten-mill requirement for fiscal years 1995-96 through 2011-12, with the requirement increasing from five mills (1995-96) to seven and one-half mills (1996-97) to ten mills (1997-98 and thereafter).

• The 5% cap applies only to the local effort calculation and does not affect other Foundation Program requirements such as maintaining 180 instructional days, teacher salary schedules, or fund allocation procedures.

• Takes effect immediately upon passage and approval by the Governor.