00                  SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 332                                                              
01 "An Act supporting parental involvement in schools through employment of parental                                       
02 involvement coordinators; establishing a supplemental income tax on oil revenue to                                      
03 support parental involvement in schools; and creating an account titled 'Resource                                       
04 Revenue for Kids' in the general fund."                                                                                 
05 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
06    * Section 1. AS 14.03 is amended by adding a new section to read:                                                  
07            Sec. 14.03.118. Parental involvement coordinator. (a) Each school district                                 
08       shall employ at least two persons at the administrative office of the school district to                          
09       serve as parental involvement coordinators for the district. One of the parental                                  
10       involvement coordinators employed under this subsection may be assigned clerical                                  
11       and support duties related to parental involvement coordination. The district may also                            
12       employ clerical staff necessary to support the work of the parental involvement                                   
13       coordinators.                                                                                                     
14            (b)  In addition to the parental involvement coordinators employed under (a) of                              
01       this section, each school district shall employ one person for each 500 students                                  
02       enrolled in the district or one person for each public school located in the district,                            
03       whichever is greater, to perform work to enhance parental involvement in district                                 
04       schools. The district may assign the persons employed under this subsection to schools                            
05       with the greatest need.                                                                                           
06            (c)  The department shall distribute funds to each school district for the costs                             
07       associated with employment of parental involvement coordinators, clerical support for                             
08       parental involvement coordinators, and additional staff employed under (a) and (b) of                             
09       this section from funds appropriated by the legislature. If the appropriation is                                  
10       insufficient to pay all eligible costs under this section, the department shall distribute                        
11       the available funds on a pro rata basis.                                                                          
12            (d)  The funding appropriated for the payment of parental involvement                                        
13       coordination under this section is in addition to the base student allocation under                               
14       AS 14.17.470.                                                                                                     
15            (e)  A school district is required to comply with the requirements of (a) and (b)                            
16       of this section only to the extent that funds have been appropriated to cover the cost of                         
17       meeting those requirements.                                                                                       
18    * Sec. 2. AS 14.17 is amended by adding a new section to read:                                                     
19            Sec. 14.17.485. Resource revenue for kids account. The resource revenue for                                
20       kids account is created as an account in the general fund. The legislature may                                    
21       appropriate funds in the account and interest accrued on those funds to the Department                            
22       of Education and Early Development for supporting parental involvement in schools                                 
23       under AS 14.03.118 or for any other public purpose.                                                               
24    * Sec. 3. AS 43.20.011 is amended by adding a new subsection to read:                                              
25            (g)  In addition to the tax imposed under (e) of this section, a taxpayer engaged                            
26       in the production of oil from a lease or property in this state and whose business                                
27       income is subject to AS 43.20.072 shall pay an additional tax of 0.5 percent of the                               
28       taxpayer's taxable income. The department shall separately account for the revenue                                
29       obtained from the tax levied by this subsection in the account created under                                      
30       AS 14.17.485.