Loading chat...
MS HB457
Bill
Status
2/23/2016
Primary Sponsor
Henry Zuber
Click for details
AI Summary
-
Requires the Mississippi State Department of Education to fully fund school districts that have reached the maximum 28-mill property tax rate cap for their local contribution to the Mississippi Adequate Education Program (MAEP)
-
Ensures districts at the millage cap receive their complete calculated MAEP allocation even in years when the overall MAEP formula is not fully funded by the Legislature
-
Adds an exception to the Legislature's authority to direct how MAEP funds are allocated during underfunded years, protecting districts that have maximized their local tax effort
-
Effective date of July 1, 2016
Legislative Description
School districts; require SDE to fully fund those whose local contribution has reached millage rate cap under MAEP.
Last Action
Died In Committee
2/23/2016