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ID H0663

Bill

Status

Introduced

3/13/2012

Primary Sponsor

Education Committee

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Origin

House of Representatives

2012 Regular Session

AI Summary

  • Amends the Bond Levy Equalization Support Program (Section 33-906) to include public charter schools that primarily educate students in buildings owned by the charter school within the definition of "school district" for program eligibility purposes.

  • Expands the definition of "bond" to include debt owed by eligible public charter schools used for construction or acquisition of school facilities plus other permitted school bond purposes.

  • Establishes that the board of directors of an eligible public charter school functions as "voters" for purposes of the bond levy equalization program.

  • Assigns eligible public charter schools a fixed value index factor of 0.5 (one-half of the statewide average) for calculating state financial assistance for bond interest and redemption payments.

  • Requires calculations for the unemployment rate and per capita income components of the value index for eligible charter schools to be based on the county where the charter school facility is physically located.

Legislative Description

Amends existing law relating to education to define terms; to define a term, to establish provisions assigning a factor for eligible public charter schools and to establish provisions relating to a calculation.

EDUCATION

Last Action

3rd rdg -- Ret'd to Educ

3/20/2012

Committee Referrals

Education3/14/2012

Full Bill Text

No bill text available