2001-05-07                     House Journal                      Page 1663
SB 174                                                                                            
The following was read the second time:                                                             
                                                                                                    
    CS FOR SENATE BILL NO. 174(RLS)                                                                 
    "An Act establishing a base student allocation for purposes of                                  
    determining education funding in the amount of $4,010; providing                                
    that only 50 percent of the annual increase in assessed value may                               
    be included for purposes of calculating the required contribution                               
    to education from a city or borough school district; providing that                             
    a community with at least 101 students but not more than 425                                    
    students in average daily membership is counted as one                                          
    elementary and one secondary school, and that, in a community                                   
    with more than 425 students in average daily membership, each                                   
    facility administered as a separate school, except certain                                      
    alternative schools, is counted as a school; and providing for an                               
    effective date."                                                                                
                                                                                                    
with the:                                                   Journal Page                            
                                                                                                    
 FIN RPT HCS(FIN) 6DP 1NR 3AM                                        1645                           
 FN2: (EED)                                                          1646                           
                                                                                                    
Representative James moved and asked unanimous consent that the                                     
following committee substitute be adopted in lieu of the original bill:                             
                                                                                                    
    HOUSE CS FOR CS FOR SENATE BILL NO. 174(FIN)                                                    
    (same title)                                                                                    
                                                                                                    
There being no objection, it was so ordered.                                                        
                                                                                                    
Amendment No. 1 was offered  by Representative Berkowitz:                                            
                                                                                                    
Page 3, line 5:                                                                                     
 Insert new bill sections to read:                                                                  
   "* Sec. __. AS 14.17.490(d) is amended by adding a new section to                              
read:                                                                                               
     (d) Beginning in fiscal year 2004 [2000], if a district receives                           
    more public school funding under AS 14.17.410 than the district                                 
    received in the preceding fiscal year, any amount received by the                               
    district under this section shall be reduced.  The amount of the