Senate Substitute for House Bill 4401 Summary

• Changes the fiscal year for community college appropriations from ending September 30, 2021 to September 30, 2022.

• Reduces the gross appropriation for community college operations from $425,667,600.00 to $100.00, effectively eliminating all substantive appropriations in the bill.

• Eliminates all individual community college allocation amounts (previously $325,440,000.00 total for 28 community colleges) by reducing them to $100.00.

• Removes all supplemental appropriations including retirement contribution offsets ($1,733,600.00), retirement system payments ($83,900,000.00), and renaissance zone tax reimbursements ($2,200,000.00).

• Updates payment distribution timeline from October 16, 2020 to October 16, 2021, with community colleges accruing July and August 2022 payments to their fiscal year ending June 30, 2022.