HB 350-PUBLIC SCHOOL FUNDING: LOCAL CONTRIBUTION  CHAIR SEATON announced that the final order of business would be HOUSE BILL NO. 350, "An Act relating to the local contribution to public school funding; and providing for an effective date." 10:02:31 AM MARY FRANCIS, Executive Director, Alaska Council of School Administrators (ACSA), informed the committee the majority of school superintendents present at a recent ACSA meeting believe HB 350 provides equity and fairness. Although at some point, local municipalities may not want to make up the difference in state funding, she concluded this was a fairness issue and ACSA was in support of the change. Ms. Francis related the belief that it was never intended that the mill rate was to be based on FY 99 in perpetuity. 10:03:32 AM CHAIR SEATON stated that HB 350 was held over.