LRB-1534/1
PG:skg:aj
1995 - 1996 LEGISLATURE
February 21, 1995 - Introduced by Senators Breske and Jauch, cosponsored by
Representatives Handrick, Linton, Musser and
Seratti. Referred to
Committee on Education and Financial Institutions.
SB78,1,2
1An Act to amend 121.004 (6) of the statutes,
relating to: the deductibility of
2federal impact aid to school districts.
Analysis by the Legislative Reference Bureau
Under current federal law, the federal government provides "federal impact
aid" to the following school districts:
1. School districts in which revenues available from local sources have been
reduced as a result of the acquisition of real property by the United States.
2. School districts that provide education to children who reside on federal
property or to children whose parents are employed on federal property.
3. School districts that experience a sudden and substantial increase in school
attendance as the result of federal activities.
Under current state law, most federal impact aid is deducted from a school
district's costs before the district's state aid is computed. This bill eliminates that
deduction.
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:
SB78, s. 1
3Section
1. 121.004 (6) of the statutes is amended to read:
SB78,2,24
121.004
(6) Net cost. The "net cost" of a fund means the gross cost of that fund
5minus all nonduplicative revenues and other financing sources of that fund except
6property taxes
and, general aid
. In this subsection, "nonduplicative revenues"
1includes and federal financial assistance under
20 USC 236 to
245, to the extent
2permitted under federal law and regulations.
SB78, s. 2
3Section
2. Initial applicability. This act first applies to state aid paid in the
41994-95 school year.
