SB3616 Summary

• Allows school districts to use school facility occupation tax revenue for general school funding purposes if the school board adopts a resolution authorizing such use for a 3-year period.

• School districts that adopt a resolution to use occupation tax revenue for school funding purposes become subject to the Property Tax Extension Limitation Law during the authorized period.

• After the initial 3-year period ends, school districts must adopt an additional resolution to continue using occupation tax revenue for school funding purposes for another 3-year period, or must stop such use.

• When two or more school districts consolidate and at least one previously authorized using occupation tax revenue for school funding, the newly consolidated district must adopt a resolution within 90 days choosing whether to continue this practice.

• Defines "school funding purposes" to include after-school programs, payroll, computer technology and equipment, instructional materials, and transportation.