SENATE BILL No. 816
October 19, 1999, Introduced by Senator KOIVISTO and referred to the Committee on Appropriations. A bill to amend 1979 PA 94, entitled "The state school aid act of 1979," (MCL 388.1601 to 388.1772) by adding section 20l. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 20l. (1) FROM THE STATE SCHOOL AID FUND MONEY APPRO- 2 PRIATED IN SECTION 11, THERE IS ALLOCATED AN AMOUNT NOT TO EXCEED 3 $250,000.00 EACH FISCAL YEAR FOR 1999-2000 AND 2000-2001 FOR PAY- 4 MENTS TO DISTRICTS UNDER THIS SECTION. 5 (2) TO BE ELIGIBLE FOR A PAYMENT UNDER THIS SECTION, A DIS- 6 TRICT MUST MEET ALL OF THE FOLLOWING: 7 (A) THE DISTRICT'S MEMBERSHIP IS 30 PUPILS OR FEWER. 8 (B) AT LEAST 80% OF THE DISTRICT'S COMBINED STATE AND LOCAL 9 REVENUE IS FROM THE DISTRICT'S LOCAL SCHOOL OPERATING REVENUE. 10 AS USED IN THIS SUBDIVISION, "COMBINED STATE AND LOCAL REVENUE" 04545'99 TAV 2 1 AND "LOCAL SCHOOL OPERATING REVENUE" MEAN THOSE TERMS AS DEFINED 2 IN SECTION 20. 3 (3) THE AMOUNT OF THE PAYMENT UNDER THIS SECTION TO EACH 4 DISTRICT ELIGIBLE UNDER SUBSECTION (2) SHALL BE AN AMOUNT EQUAL 5 TO THE STATE REVENUE DERIVED FOR THE CALENDAR YEAR ENDING IN THE 6 IMMEDIATELY PRECEDING FISCAL YEAR FROM THE TAX LEVIED UNDER THE 7 STATE EDUCATION TAX ACT, 1993 PA 331, MCL 211.901 TO 211.906, ON 8 PROPERTY LOCATED IN THE DISTRICT, AS DETERMINED BY THE DEPARTMENT 9 OF TREASURY. 04545'99 Final page. TAV