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House adopts fifth substitute of SB 48 to equalize school capital outlay funding, approves $15 million one-time appropriation
Summary
After extended floor debate the Utah House adopted the fifth substitute of Senate Bill 48 to provide countywide equalization of school capital outlay funding, including a $15 million one-time appropriation split between the growth program and the capital outlay foundation; the bill passed the House 52–21 and will be sent to the Senate.
The Utah House on Feb. 29 debated Senate Bill 48, a measure addressing equalization of school capital outlay funding, and ultimately adopted the fifth substitute version before approving the bill on final passage.
Representative Tilton, the House sponsor, framed the bill as a countywide equalization approach (in contrast to an earlier sixth substitute that proposed statewide equalization). He said the measure has two components: an equalization of a component of property tax in a first-class county, pooled and redistributed by growth and…
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