HB0271H2002

Withdrawn

Amendment to HB0271 — Common school account-spending policy amount.

Sponsor:

Chamber: House

Stage: 2nd Reading

What does this amendment do?

This amendment increases the annual spending policy amount for the common school account from 4.5% to 4.75% of the previous five-year average market value.

Changes the spending policy percentage for the common school account within the permanent land fund from four and one-half percent (4.5%) to four and three-quarters percent (4.75%) of the previous five-year average market value. (Page 4, lines 6-7)

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