HB2013 HFA Zukoff & Boggs 3-4
Altizer - 3259
Delegates Zukoff and Boggs move to amend HB2013 HFIN AM 3-2 on page 9, Section 25, line 14, by striking out the reference (b) and replacing it with “(c)”;
On page 9, Section 25, line 14, following the period, by inserting a new subsection (b) to read as follows:
“(b) Notwithstanding any other provision of this article to the contrary, for each fiscal year, in addition to all other amounts required by this article, the Department of Education shall include in its budget request, and the Governor shall include in each budget bill submitted to the Legislature, an appropriation to the Department of Education for an amount that reflects the prior year net loss to each county of school funding from county’s share in excess of 2% as a result of funding being shifted from the county to the Hope Scholarship Fund, the greater of the amount of: (1) the net public school enrollment adjusted for state aid purposes, or (2) the total number of eligible Hope Scholarship applications received by the Hope Scholarship Board, if available, multiplied by the prior year’s statewide average net state aid allotted per pupil. The amount appropriated shall be transferred by the Department of Education to each county to reimburse the county for any loss of revenue in excess of 2% as calculated herein.”
Re-lettering subsequent subsections accordingly.