00                      CS FOR HOUSE BILL NO. 362(FIN)                                                                     
01 "An Act increasing the base student allocation used in the formula for state financing of                               
02 public education; and providing for an effective date."                                                                 
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1. AS 14.17.470 is amended to read:                                                                      
05            Sec. 14.17.470. Base student allocation. The base student allocation is $5,380                         
06       [$4,919].                                                                                                         
07    * Sec. 2. This Act takes effect July 1, 2006.