LRB-3282/1
PG:jrd:km
1995 - 1996 LEGISLATURE
April 26, 1995 - Introduced by Senators Moen, Burke, Clausing, Jauch and
Breske, cosponsored by Representatives
Gronemus, Olsen, Musser, Turner,
Baldus, Plombon and
Seratti. Referred to Committee on Education and
Financial Institutions.
SB154,1,2
1An Act to amend 121.15 (1) (a) and 121.15 (1) (e) of the statutes;
relating to:
2the school aid distribution schedule.
Analysis by the Legislative Reference Bureau
Under current law, each school district receives 15% of its total aid entitlement
in September, 25% in December, 25% in March and 35% in June. Payment is made
on the 3rd Monday in September, the first Monday in December and the 4th Mondays
in March and June.
Beginning in the 1996-97 school year, this bill increases the percentage paid
in September from 15% to 25% and decreases the percentage paid in June from 35%
to 25%. The bill also requires that the payments be made on the 3rd Monday in each
month.
For further information see the state and local fiscal estimate, which will be
printed as an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB154, s. 1
3Section
1. 121.15 (1) (a) of the statutes is amended to read:
SB154,1,64
121.15
(1) (a) Each school district shall receive
15% 25% of its total aid
5entitlement in September, 25% of its total aid entitlement in December, 25% of its
6total aid entitlement in March and
35% 25% of its total aid entitlement in June.
SB154, s. 2
7Section
2. 121.15 (1) (e) of the statutes is amended to read:
SB154,2,28
121.15
(1) (e) Payments under this subsection shall be made on the
first
9Monday of the month for the December payment, on the 3rd Monday of the month
1for the September and June payments and on the 4th Monday of the month for the
2March payment.
SB154,2,4
4(1)
This act takes effect on July 1, 1996.
