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House pauses school-finance amendment after fiscal questions and member concerns
Summary
House Bill 87, which would remove the cap on the board-and-voted guarantee in the Minimum School Program, was presented and drew extended questioning over a fiscal note estimating $14,000,000 in 2012; the body voted to 'circle' the bill and delay action for further review.
Representative Newbold introduced House Bill 87 to remove the statutory cap on the board-and-voted guarantee within the Minimum School Program and to allow a small annual increase to continue. "House Bill 87 is really a very simple bill, and what it does is it removes the cap in the board and voted guarantee," the sponsor said, explaining the measure's mechanics and pointing members to distributed fiscal…
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