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HB 120: "An Act adjusting pupil transportation funding; and providing for an effective date."

00 HOUSE BILL NO. 120 01 "An Act adjusting pupil transportation funding; and providing for an effective date." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 14.09.010 is amended by adding a new subsection to read: 04 (e) The per student amount available to a school district under (a) of this 05 section shall be adjusted annually on October 1 according to changes in the Consumer 06 Price Index for all urban consumers for the Anchorage metropolitan area compiled by 07 the United States Department of Labor, Bureau of Labor Statistics. The reference base 08 index for an adjustment made under this subsection is the Consumer Price Index for 09 all urban consumers for the Anchorage metropolitan area compiled by the United 10 States Department of Labor, Bureau of Labor Statistics, for the years 1982 through 11 1984. 12 * Sec. 2. Section 9, ch. 19, SLA 2012, is repealed. 13 * Sec. 3. This Act takes effect July 1, 2013.