MINUTES                                           
                    SENATE FINANCE COMMITTEE                                   
                           May 5, 1994                                         
                           10:30 p.m.                                          
                                                                               
  TAPES                                                                        
                                                                               
  SFC-94, #89, Side 2 (050-150)                                                
                                                                               
  CALL TO ORDER                                                                
                                                                               
  Senator  Drue  Pearce,  Co-chair, convened  the  meeting  at                 
  approximately 10:30 p.m.                                                     
                                                                               
  PRESENT                                                                      
                                                                               
  In addition to Co-chairs Pearce  and Frank, Senators Rieger,                 
  Kelly,  and Sharp were present.  Senators Jacko and Kerttula                 
  were absent from the meeting.                                                
                                                                               
  ALSO ATTENDING:  Mike Greany,  Director, Legislative Finance                 
  Division; and aides to committee members.                                    
                                                                               
  SUMMARY INFORMATION                                                          
                                                                               
  CSSSSB 301(FIN) AM: An  Act allowing  a  school district  to                 
                      offset a  reduction of  five percent  or                 
                      more in elementary and  secondary school                 
                      instructional units that the district is                 
                      eligible to receive under the foundation                 
                      formula; increasing  the elementary  and                 
                      secondary  instructional units  received                 
                      in  a district that consists of a single                 
                      funding community with an  average daily                 
                      membership of 800 or fewer students; and                 
                      providing for an effective date.                         
                                                                               
                      2nd CSSSSB 301(FIN)  was brought  before                 
                      the committee.  2nd  CSSSSB 301(FIN) was                 
                      REPORTED   out    of   committee    with                 
                      individual recommenations  and a  fiscal                 
                      note for the Department of Education for                 
                      $96.4.                                                   
                                                                               
  CSSSSB 301(FIN) AM:                                                          
                                                                               
       An Act allowing a school district to offset a reduction                 
       of five  percent or  more in  elementary and  secondary                 
       school  instructional   units  that  the   district  is                 
       eligible  to  receive  under  the  foundation  formula;                 
       increasing the elementary  and secondary  instructional                 
       units  received in a district that consists of a single                 
                                                                               
                                                                               
       funding community with an  average daily membership  of                 
       800 or fewer  students; and providing for  an effective                 
       date.                                                                   
                                                                               
  Co-chair Pearce  announced that 2nd CSSSSB  301(FIN) version                 
  "O" was before the committee.  Discussion was held regarding                 
  the title and if any changes had been made to the bill.  Co-                 
  chair  Pearce said  it was the  same bill  that had  been in                 
  Senate Finance Committee.                                                    
                                                                               
  Senator Rieger MOVED for passage of 2nd CSSSSB 301(FIN) from                 
  committee  with  individual  recommendations.    2nd  CSSSSB                 
  301(FIN) was REPORTED  out of committee  with a fiscal  note                 
  for the  Department of Education for $96.4.  Senators Kelly,                 
  Rieger and  Co-chair Frank signed  a "do pass"  and Co-chair                 
  Pearce, Senators Sharp and Jacko signed "no recommedation."                  
                                                                               
  ADJOURNMENT                                                                  
                                                                               
  The meeting was recessed at approximately 10:40 p.m.