HB 2244 Summary

• Amends Section 1104 of Title 47 to cap school district apportionments at fiscal year 2015 levels beginning July 1, 2015, with excess amounts redirected to the General Revenue Fund

• Caps State Transportation Fund apportionments at fiscal year 2015 levels beginning July 1, 2015, with excess amounts redirected to the General Revenue Fund

• Caps county apportionments (subsections E, F, G, H) and city/town apportionments at fiscal year 2015 levels beginning July 1, 2015, with excess amounts redirected to the General Revenue Fund

• Caps County Improvements for Roads and Bridges Fund at $120,000,000 annually beginning July 1, 2015, with excess amounts redirected to the General Revenue Fund

• Becomes effective July 1, 2015, with emergency clause allowing immediate effect upon passage and approval