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SF0020 • 2015

School finance-excess mill levy rebate.

AN ACT relating to school finance; eliminating the reduction of recapture payments for school districts levying more than the statewide average mill levy for the repayment of bonded indebtedness; and providing for an effective date.

Education
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Education
Last action
2015-02-25
Official status
enrolled
Effective date
7/1/2015

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2015-02-25 LSO

    Assigned Chapter Number

  2. 2015-02-25 Governor

    Governor Signed SEA No. 0015

  3. 2015-02-23 House

    H Speaker Signed SEA No. 0015

  4. 2015-02-23 Senate

    S President Signed SEA No. 0015

  5. 2015-02-20 LSO

    Assigned Number SEA No. 0015

  6. 2015-02-20 House

    H 3rd Reading:Passed 59-0-1-0-0

  7. 2015-02-19 House

    H 2nd Reading:Passed

  8. 2015-02-18 House

    H COW:Passed

  9. 2015-02-10 House

    H Placed on General File

  10. 2015-02-10 House

    Appropriations:Recommend Do Pass 7-0-0-0-0

  11. 2015-02-10 House

    H COW:Rerefer to H02 - Appropriations

  12. 2015-02-10 House

    H Placed on General File

  13. 2015-02-10 House

    Education:Recommend Do Pass 9-0-0-0-0

  14. 2015-02-06 House

    H Introduced and Referred to H04 - Education

  15. 2015-01-16 House

    H Received for Introduction

  16. 2015-01-15 Senate

    S 3rd Reading:Passed 29-0-1-0-0

  17. 2015-01-15 Senate

    S 2nd Reading:Passed

  18. 2015-01-14 Senate

    S COW:Passed

  19. 2015-01-14 Senate

    S Placed on General File

  20. 2015-01-14 Senate

    Education:Recommend Do Pass 5-0-0-0-0

  21. 2015-01-13 Senate

    S Introduced and Referred to S04 - Education

  22. 2015-01-13 Senate

    S Received for Introduction

  23. 2014-12-22 LSO

    Bill Number Assigned

Official Summary Text

Summary for LSO115
Bill No.:
SF0020
Effective
:
7/1/2015

LSO No.:
15LSO-0191

Enrolled Act No.:
SEA 15

Chapter No.:
29

Prime Sponsor:
Joint Education Interim Committee

Catch Title:
School finance-excess mill levy rebate.

Subject:
Repealing the bonded indebtedness mill levy rebate.

Summary/Major Elements:

This bill repeals W.S. 21-13-102(g), which allowed recapture school districts to reduce the recapture payment to the
S
tate if the district levied more than the statewide average mill levy to repay bonded debt.

All bonds issued under this provision are fully executed and this was a remnant of the previous financing scheme for school capital construction.

The correlating provision for supplement of mill levies was repealed by 2014 Wyo. Sess. Laws, Ch. 15.

The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent. While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.

Current Bill Text

Read the full stored bill text
ORIGINAL
Senate
File No
.
SF0020

ENROLLED ACT NO.

15
,

SENATE

SIXTY-THIRD LEGISLATURE
OF THE STATE OF WYOMING
2015 General Session

AN ACT relating to school finance; eliminating the reduction of recapture payments for school districts levying more than the statewide average mill levy for the repayment of bonded indebtedness; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section
1
.

W.S. 21
‑
13
‑
102(g) is repealed.

Section 2
.

This
act is effective July 1,
2015
.

(END)

Speaker of the
House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the
Senate
.

Chief Clerk

1