Amendments to House Bill No. 2

3rd Reading Copy

Requested by Senator Daniel Salomon

For the Senate Finance and Claims Committee

Prepared by Nicholas VanBrown

March 28, 2019 (9:50am)

1. Page E-1, line 31: Office of Public Instruction.

Strike: "k. School Facility Reimbursement (Restricted)"

Insert: "k. Debt Service Assistance (Restricted)"

2. Page E-1, line 32: Office of Public Instruction.

Strike: ""4,000,000" "6,500,000""[State Special Fund FY20 FY21]

Insert: "0" "2,500,000" [State Special Fund FY20 FY21]

3. Page E-2, line 2: Office of Public Instruction.

Strike: "o. Major Maintenance Aid (Restricted /Biennial)"

Insert: "o. Major Maintenance Aid and Debt Service Assistance (Restricted)"

4. Page E-2, line 12 through page 2, line 13: Office of Public Instruction.

Strike: "All appropriations for federal special revenue programs in state level activities and in local education activities and all general fund appropriations in local education activities are biennial"

Insert: "All appropriations for federal special revenue programs in state level activities and in local education activities are biennial. All general fund appropriations in local education activities are biennial, except Major Maintenance Aid and Debt Service Assistance."

Following: line 13

Insert: "The Major Maintenance Aid and Debt Service Assistance restricted line item appropriation is restricted to the major maintenance aid program established in 20-9-525 unless funding requirements for the program are less than the available funds. Any remaining appropriation authority from the restricted appropriations may be used to augment the appropriations for debt service assistance established in 20-9-367"

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This amendment renames the line item School Facility Reimbursement to more accurately line up with the statute name of Debt Service Assistance.

This amendment also renames the line item Major Maintenance Aid to Major Maintenance Aid and Debt Service. This allows, along with the added language, the appropriation to reflect current statute and allow the major maintenance appropriation to flow to debt service if there is more appropriation than request. This added connection between major maintenance and debt service appropriations allows $4.0 million per year, which was the added authority for this connection to occur, in state special to be reduced in the Debt Service Assistance line item.