Amendments to House Bill No. 2

3rd Reading Copy

Requested by Senator Daniel Salomon

For the Senate Finance and Claims Committee

Prepared by Nicholas VanBrown

March 28, 2019 (7:23am)

1. Page E-1, line 22: Office of Public Instruction.

Strike: "747,495,579" "768,804,316" [General Fund FY20 FY21]

Insert: "751,312,972" "771,236,034"  [General Fund FY20 FY21]

2. Page E-2: Office of Public Instruction.

Following: line 13

Insert: "If HB 695 is not passed and approved, K-12 BASE Aid is increased by $400,000 general fund in FY 2020 and $400,000 general fund in FY 2021."

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This amendment adjusts K-12 BASE Aid for the Office of Public Instruction to account for revised ANB estimates arising from the February 2019 actual enrollment counts; including the ANB from newly formed high school districts. This amendment also reduces the BASE aid line item, contingent upon HB 695 passing, by $400,000 per year. This is due to the interest earnings that would flow into the Guarantee Account from the passage of HB 695. The additional appropriation would be $3,817,393 in FY 2020 and $2,431,718 in FY 2021.