HB 1163 (2003) -  School District Capital Outlay Revenue

by Henriquez
Provides for transfer of a portion of nonrecurring intangible personal property tax revenues to the School District Capital Outlay Trust Fund; provides for distribution of a portion of such revenues to school districts that collected impact fee revenues in fiscal year 2002-2003 to supplant such impact fees; provides requirements for distribution of the remainder of such revenues to all school districts; provides that school boards may levy by resolution a local option sales surtax in lieu of levying all or a part of the nonvoted district school capital improvement millage, for the same uses as are authorized for such millage; provides that a county in which the school board is receiving such intangible tax revenues or levying the local option sales surtax is prohibited from levying school impact fees.
Effective Date: This act shall take effect July 1, 2003, if House Bill ___ or similar legislation creating the School District Capital Outlay Trust Fund is adopted in the same legislative session or an extension thereof and becomes law
Last Event: Died in Subcommittee on General Education on Friday, May 2, 2003 6:15 PM

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Vote History

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Bill History

Event Time Member Committee Ver.
Event: H Died in Subcommittee on General Education Time: 05/02/2003 - 6:15 PM Member: Committee: Subcommittee on General Education Version:
Event: H Bill referred to Appropriations Time: 03/07/2003 - 4:15 PM Member: Committee: Appropriations Version:
Event: H Bill referred to Subcommittee on Education Appropriations Time: 03/07/2003 - 4:14 PM Member: Committee: Subcommittee on Education Appropriations Version:
Event: H Bill referred to Finance & Tax Time: 03/07/2003 - 4:14 PM Member: Committee: Finance & Tax Version:
Event: H Bill referred to Education K-20 Time: 03/07/2003 - 4:14 PM Member: Committee: Education K-20 Version:
Event: H Bill referred to Subcommittee on General Education Time: 03/07/2003 - 4:14 PM Member: Committee: Subcommittee on General Education Version:
Event: H 1st Reading Time: 03/04/2003 - 10:30 AM Member: Committee: Version:
Event: H File timely Time: 03/03/2003 - 7:10 PM Member: Henriquez Committee: Version: