Louisiana 2014 2014 Regular Session

Louisiana House Bill HB89 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of
the legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of
the law or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
Miller	HB No. 89
Abstract: Provides for calculation and distribution of certain public funds for charter schools.
Present law (R.S. 17:3995) provides generally for the funding of charter schools.
Present law provides for two sources of funding for charter schools: (1) the state-funded per pupil
allocation the school district receives from the minimum foundation program (MFP) and (2)
certain local revenues generated for supporting education.  Proposed law retains present law
relative to local revenues.  Proposed law modifies present law relative to the state-funded portion
of charter school funds.  Under present law a charter school is entitled to receive, per pupil
enrolled, an amount not less than the full state-funded amount per pupil the district receives. 
Proposed law removes "employer retirement costs" from the state-funded portion the charter
school is entitled to receive per pupil.  Proposed law further defines "employer retirement costs"
as the cost per pupil of retirement expenses paid by the school district and includes the normal
cost and unfunded accrued liability costs paid by the district to the Teachers' Retirement System
of La. (TRSL) and the La. School Employees' Retirement System (LSERS), as well as costs paid
by the district to cover health insurance and health care for retired teachers and school
employees.
Proposed law establishes a calculation for determining the "employer retirement cost" as
applicable to each charter school and retirement system involved.  The sum of the calculation is
the amount subtracted from the state-funded portion of the charter school monies.
Effective July 1, 2014.
(Amends R.S. 17:3995(A))