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128th MAINE LEGISLATURE |
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LD 397 |
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LR 423(02) |
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An Act To Ensure
the 3 Percent Tax on Incomes over $200,000 Is Distributed Proportionally
Based on Student Counts |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Current biennium cost increase - General Fund
Redistribution of supplemental funds - local school administrative units |
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| Fiscal Detail and
Notes |
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Current laws allows
for the Department of Education to utilize funds in the Fund to Advance
Public Kindergarten to Grade 12 Education to support the costs to the
Department to administer the Fund.
Those costs include programming, data collection and monitoring of
expenditures in order to meet the annual reporting requirements established
in law. This legislation repeals that
provision. As a result, the Department
of Education will require General Fund appropriations beginning in fiscal
year 2017-18 for these administrative costs. |
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Requiring that the
amount of funds from the Fund to Advance Public Kindergarten to Grade 12
Education that each school administrative unit is to receive be determined
utilizing a separate distribution methodology than the distribution
methodology provided in current law will result in some school administrative
units receiving more funding than they would have received under current law
and some school administrative units receiving less. The impact to individual school
administrative units can not be determined at this time. |
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