School finance-recapture limitation-2.

WORKING DRAFT
2006
STATE OF
WYOMING
06LSO-0452

HOUSE JOINT RESOLUTION
NO.
HJ0006

School finance-recapture limitation-2.

Sponsored by:
Representative(s) Wasserburger

A BILL

for

A JOINT RESOLUTION
proposing to amend the Wyoming Constitution
; relating to the recapture of school district
tax
revenues for the support of public schools
; providing for recapture and distribution of a portion of funds not currently subject to recapture
.

BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF
WYOMING
,
two-thirds of all the members of the two houses, voting separately, concurring therein:

Section 1.
The following proposal to amend Wyoming Constitution, Article
15
, Section
17
is proposed for submission to the electors of the State of
Wyoming
at the next general election for approval or rejection to become valid as a part of the Constitution if ratified by a majority of the electors at the election:

Article 15, Section 17.

County levy for support and maintenance of public schools.

(a)

There shall be levied each year in each county of the state a tax of not to exceed six mills on the dollar of the assessed valuation of the property in each county for the support and maintenance of the public schools. This tax shall be collected by the county treasurer and disbursed among the school districts within the county as the legislature shall provide. The legislature may authorize boards of trustees of school districts to levy a special tax on the property of the district. The legislature may also provide for the distribution among one or more school districts of
not more than
three-fourths

of any revenue from the special school district property tax in excess of a state average yield, which shall be calculated each year, per average daily membership
,
.

and further
provided the amount in excess of the three-fourths limitation
shall be subject to the following:

(i)

Twenty-five percent (25%) of the excess
amount
shall remain with the
district in which the tax revenues originated, which district
shall be considered an im
pacted
district; and

(ii)

The remainder shall be distributed among school districts
in a proportion equal to the prior fiscal year's
distribution of
state fund
s supporting public schools
. The revenue distributions under this paragraph
shall not be considered in determining
distributions of
state funding
to school districts
.

Section 2.
That the Secretary of State shall endorse the following statement on the proposed amendment:

The adoption of this amendment will allow impacted school districts to retain

a
lesser
portion of school
district
tax revenues
. Resulting excess amounts
will
be
distribute
d to
school districts across the state.
These additional revenues will be in addition to school funds otherwise provided by the state.

(END)

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HJ0006