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Cosponsorship Deadline Today at 5:00pm – Repeal of Act 141 Penalties
By Dee Pettack | August 9, 2023
The deadline for legislators to sign on as cosponsors of LRB-3997/1 is 5:00 p.m. today. This important proposal would eliminate the penalties created in 2017 Act 141 related to a failed referendum. If you can please contact your legislator today and ask them to cosponsor LRB 3997/1 and express the importance of this proposal moving forward quickly due to the fiscal timelines in which districts are required to set their levy.
Find your state legislators here. Please reach out if you have questions.
Background:
The Legislative Fiscal Bureau identified 28 districts in which the voters rejected an operating referendum during the time period that could affect their eligibility for the low revenue adjustment in the 2023-25 biennium. With the $325 revenue limit per pupil adjustment under 2023 Act 19 and the $11,000 low revenue adjustment amount under 2023 Act 11, though, only 19 districts which have base revenue per pupil of less than $10,675 to start the 2023-24 revenue limit calculation would be impacted. This bill would eliminate this provision. The Legislative Fiscal Bureau memo further describing this impact can be found here. The 19 districts in that category are marked in Attachment 1 in this Legislative fiscal bureau memo with a double asterisk. Attachment 2 shows the estimated amount of revenue limit authority that would be generated under the low revenue adjustment for those 19 districts in the biennium.
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