2022 Special Session I

Budget Amendments - HB30 (Conference Report)

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Direct Aid - Literary Fund Closing Cost Subsidy and Interest Subsidy (language only)

Item 137 #16c

Item 137 #16c

Education: Elementary and Secondary
Direct Aid to Public Education


Page 157, line 15, after “pay;” insert “and”.
Page 157, line 17, after “school” strike the remainder of the line.

Page 157, strike line 18.

Page 157, line 19, strike "$250,000 total statewide each year".

Page 157, line 26, after "consolidations;" insert "and".

Page 157, line 27, strike "incentive grants issued for loan closing costs and the amount of each grant; and 6)".

Page 157, line 31, strike "or".

Page 157, line 32, strike "subsidy grants".


(This amendment removes the $25,000 Literary Fund loan closing cost grants. This amendment also provides that the Board of Education may issue $200 million each year in Literary Fund school construction loans. The introduced budget would have authorized $200 million annually in both school construction loans or subsidies.)