SB 56 – Requires gaming revenues from the repeal of the loss limits to be distributed to school districts based on a district's average daily attendance calculation

• Sponsor: Callahan
• LR Number: 0523S.02I
• Committee: Education
• Last Action: 1/22/2009 - Second Read and Referred S Education Committee
• Journal Page: S169
• Effective Date: August 28, 2009

Current Bill Summary

SB 56 – This act modifies the elementary and secondary education funding formula. It removes from the calculation of the state adequacy target the inclusion of the gaming revenues from the repeal of the loss limits. Instead, it requires that the gaming revenues from the repeal of the loss limits be distributed to each school district based on a district's average daily attendance calculation.

MICHAEL RUFF