Relating to education finance; declaring an emergency.
Catchline/Summary:
Provides that revenue from sale of property due to delinquent taxes is not local revenue for purposes of calculation of State School Fund grant for school districts and education service districts. Provides that revenue from sale of property due to delinquent taxes is not local revenue for purposes of calculation of State School Fund grant for school districts and education service districts. Prohibits use of revenue from sale of property due to delinquent taxes in calculation of Community College Support Fund grant for community college districts and community college service districts.
Declares emergency, effective July 1, 2007.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 2516 House Committee On Revenue
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