2002 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Petersen
Comp. Index Using Median Income/Revenue Neutral (language only)

Item 147 #27h

Item 147 #27h

Education: Elementary and Secondary
Direct Aid To Public Education

Page 108, after line 16, insert:
"e.  The Department of Education shall compute the composite index of local ability-to-pay for localities with skewed average adjusted gross income levels using an average of total Adjusted Gross Income and median Adjusted Gross Income indices.  The Department of Taxation shall furnish to the Department of Education such data as are necessary to implement these provisions.  The Department of Education shall make the adjustments to these indices in such a way that the end result is cost neutral to the state budget."

(This amendment is self-explanatory.)