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
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.