SECOND REGULAR SESSION

HOUSE BILL NO. 1365

91ST GENERAL ASSEMBLY

INTRODUCED BY REPRESENTATIVE SCHEVE.

Pre-filed January 3, 2002, and 1000 copies ordered printed.

TED WEDEL, Chief Clerk

2999L.01I

AN ACT

To amend chapter 163, RSMo, by adding thereto one new section relating to determining the method of calculating increases to available per-pupil funding based on growth in the guaranteed tax base.



Be it enacted by the General Assembly of the state of Missouri, as follows:

Section A. Chapter 163, RSMo, is amended by adding thereto one new section, to be known as section 163.044, to read as follows:

163.044. Notwithstanding any other provision of this chapter to the contrary, when the proration factor in the foundation formula set out in section 163.031 is no less than 1.0, the percentage increase in the amount of state school aid per eligible pupil compared to the previous year shall be no less than the previous year's percentage growth in the guaranteed tax base. If the proration factor is less than 1.0, then the amount per eligible pupil shall be no less than the prior year's amount per eligible pupil. For purposes of the calculations described in this section, the initial "previous year" shall be the 2001-2002 school year.


Missouri House of Representatives