Senate Committee Substitute

SCS/SB 769 - This act permits school districts meeting certain criteria to make a one-time additional transfer from the incidental fund to the capital projects fund in an amount not to exceed forty percent of that district's June 30, 2006, incidental fund.

Puxico R-VIII, Valley R-VI, and Bismarck R-V are the only school districts known to fit the qualifications delineated in the act.

This act contains an emergency clause.

The provisions of this act shall terminate on July 1, 2007.


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