CS FOR HOUSE BILL NO. 233(EDU) am                                                                                          
     "An Act increasing the base student allocation used in the                                                                 
     formula for state funding of public education; and providing                                                               
     for an effective date."                                                                                                    
                                                                                                                                
                                                                                                                                
This was  the second  hearing for  this bill in  the Senate  Finance                                                            
Committee.                                                                                                                      
                                                                                                                                
Co-Chair  Wilken  stated  this  bill,  sponsored  by Representative                                                             
Wilson,  "increases  the  student   dollar  by  $419."  He  directed                                                            
attention to  a proposed committee  substitute, which increases  the                                                            
total student dollar to $4,576.                                                                                                 
                                                                                                                                
Co-Chair  Green moved for  adoption of CS  HB 233, 23-LS0911\I  as a                                                            
working document.                                                                                                               
                                                                                                                                
Senator Hoffman  objected  and stated that  the original version  of                                                            
the  bill  would have  increased  funding  for  education  by  $84.5                                                            
million,  which is a higher  amount then  this committee  substitute                                                            
would provide.                                                                                                                  
                                                                                                                                
Co-Chair Wilken  commented on arguments  that the proposed  increase                                                            
funding  for  education  is  from  a  one-time  funding  source.  He                                                            
contended  that this legislation  expresses  the Committee's  intent                                                            
that the increase would  be $82,053,300 for K-12 education, and that                                                            
the funding be ongoing.                                                                                                         
                                                                                                                                
Senator Hoffman removed  his objection and the committee substitute,                                                            
Version "I" was ADOPTED as a working document.                                                                                  
                                                                                                                                
REPRESENTATIVE  PEGGY WILSON, sponsor of the bill,  testified to her                                                            
support of reinstating the original appropriation amount.                                                                       
                                                                                                                                
Co-Chair  Green offered a  motion to report  CS HB 233, 23-LS0911\I                                                             
from Committee with individual  recommendations, new and forthcoming                                                            
fiscal notes.                                                                                                                   
                                                                                                                                
Without  objection  CS HB  233 (FIN)  MOVED  from Committee  with  a                                                            
fiscal  note dated  3/16/04  for  $535,400  from the  Department  of                                                            
Military  and  Veterans Affairs,  a  fiscal  note dated  5/3/04  for                                                            
520,100  from the  Department of  Education and  Early Development,                                                             
Special  Schools Component,  and  a fiscal  note  dated 5/10/04  for                                                            
$82,053,200 from the Department  of Education and Early Development,                                                            
Foundation Program component.