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GA SB541

Bill

Official Source

Status

Introduced

3/30/2010

Primary Sponsor

Judson Hill

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Origin

Senate

2009-2010 Regular Session

AI Summary

  • Caps the local five mill share required for any local school system at no more than 10 percent of the most recent equalized adjusted school property tax digest for that system
  • Amends Code Section 20-2-164 of the Official Code of Georgia Annotated, which governs local five mill share fund calculations under the Quality Basic Education (QBE) Program
  • Retains the existing two-step calculation method where the local five mill share is computed differently depending on whether combined statewide totals exceed 20 percent of QBE Formula amounts
  • Sponsored by Senators Rogers (21st), Murphy (27th), Wiles (37th), and Hill (32nd)

Legislative Description

Education; provide a cap on the amount; local five mill share required for local school systems

Last Action

Senate Read and Referred

3/30/2010

Committee Referrals

Finance3/30/2010

Full Bill Text

No bill text available