Amendments to House Bill No. 2

3rd Reading Copy

Requested by Senator Daniel Salomon

For the Senate Finance and Claims Committee

Prepared by Julia Pattin

April 7, 2023 (9:52am)

1. Page E-2, line 19:

Strike: "5,151,000 6,529,000" [State Special Fund FY24 FY25]

Insert: "1,828,464 1,570,176" [State Special Fund FY24 FY25]

- END -

Explanation - Major Maintenance Aid payments are determined by statute (20-9-525, MCA), and if all Montana school districts receive the maximum payment, the total Major Maintenance Aid amount is capped at $12,098,464 in FY 2024 and $12,148,276 in FY 2025. Major Maintenance Aid is funded with a combination of general fund and state special revenue. This amendment would decrease the Major Maintenance Aid appropriation in the Local Education Activities Program of the Office of Public Instruction by $3,322,536 state special revenue local assistance in FY 2024 and $4,958,824 state special revenue local assistance in FY 2025 in order to bring the total Major Maintenance Aid appropriation down to the statutorily calculated cap.