00                 SPONSOR SUBSTITUTE FOR SENATE BILL NO. 1                                                                
01 "An Act relating to the base student allocation used in the formula for state funding 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                                  
06       $5,352 [$4,919].                                                                                              
07    * Sec. 2.  This Act takes effect July 1, 2006.