School finance-dates for fund transfers.

Plain English Breakdown

The candidate explanation includes details that were not explicitly supported in the official source material.

School Finance Changes

This act removes an extra yearly distribution of money from the county school fund and sets a date for when it takes effect.

What This Bill Does

• Removes one additional annual payment that was made to school districts from the county school fund on June 20 or the last business day immediately preceding June 20 of each year.
• Specifies that changes take place immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.
• Sets an effective date of March 1, 2024.

Who It Names or Affects

• County treasurers who manage the distribution of funds.
• School districts receiving money from the county school fund.

Terms To Know

county school fund

A fund that holds money for schools in a county, which is distributed to different school districts.

Limits and Unknowns

• The bill does not provide details on how the removal of the additional distribution will affect specific school districts.
• It's unclear if there are any other changes to the way funds are distributed after this act passes.

Current Bill Text

24LSO-0038
2024
STATE OF WYOMING
24LSO-0038
Numbered
2.0

HOUSE BILL NO. HB0080

School finance-dates for fund transfers.

Sponsored by: Representative(s) Larson, JT, Brown, Conrad and Lawley and Senator(s) Jones and Rothfuss

A BILL

for

AN ACT relating to school finance; removing an additional annual distribution of the county school fund; and providing for an effective date.

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

Section 1.

W.S. 21
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13
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207 is amended to read:

21
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13
‑
207.

Apportionment of funds by county treasurer.

On the second Monday of each month
, and on June 20 or the last business day immediately preceding June 20 of each year,
the county treasurer shall apportion all monies in the county treasury belonging to the county school fund, including all interest earned thereon and including fines and forfeitures, among the various school districts of the county in the same percentages as provided by W.S. 21
‑
13
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201(b) and shall immediately pay the amount to each school district.

Section 2
.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

1
HB0080