HB 506: "An Act relating to funding of public education; and providing for an effective date."
00 HOUSE BILL NO. 506 01 "An Act relating to funding of public education; and providing for an effective date." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 14.17.490(a) is amended to read: 04 (a) Except as provided in (b) and (c) [(b) - (e)] of this section, if, in fiscal year 05 1999, a city or borough school district or a regional educational attendance area would 06 receive less public school funding under AS 14.17.410 than the district or area would 07 have received as state aid, the district or area is, in each fiscal year, eligible to receive 08 additional public school funding equal to the difference between the public school 09 funding the district or area was eligible to receive under AS 14.17.410 in fiscal year 10 1999 and the state aid the district or area would have received in fiscal year 1999. 11 * Sec. 2. AS 14.17.490(d) and 14.17.490(e) are repealed. 12 * Sec. 3. This Act takes effect July 1, 2004.