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3 | + | ENGR. H. B. NO. 2901 Page 1 1 | |
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3 | 29 | BILL NO. 2901 By: Wallace, Martinez, Baker, | |
4 | 30 | McBride, and Luttrell of | |
5 | 31 | the House | |
6 | 32 | ||
7 | 33 | and | |
8 | 34 | ||
9 | - | Thompson (Roger) | |
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35 | + | Thompson (Roger) and Hall | |
36 | + | of the Senate | |
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16 | 42 | An Act relating to education; making appropriations; | |
17 | 43 | establishing amounts and sourcing; providi ng | |
18 | 44 | purposes; requiring certain distribution methodology | |
19 | 45 | for certain funds; declaring legislative intent; | |
20 | 46 | providing for proportional reduction of certain tax | |
21 | 47 | credits under certain conditions; providing for | |
22 | 48 | noncodification; providing for codification; | |
23 | 49 | providing an effective date; and declaring an | |
24 | 50 | emergency. | |
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32 | 58 | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA : | |
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34 | 59 | SECTION 1. NEW LAW A new section of law not to be | |
35 | 60 | codified in the Oklahoma Sta tutes reads as follows: | |
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37 | 61 | There is hereby appropriated to the State Board of Education | |
38 | 62 | from any monies not otherwise appropriated fr om the General Revenue | |
39 | 63 | Fund of the State Treasur y for the fiscal year ending June 30, 2024, | |
40 | 64 | the sum of Five Hundred Million Do llars ($500,000,000.00) for the | |
41 | 65 | financial support of public schools. | |
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43 | 92 | SECTION 2. NEW LAW A new section of l aw not to be | |
44 | 93 | codified in the Oklahoma Statutes r eads as follows: | |
45 | - | ENR. H. B. NO. 2901 Page 2 | |
46 | 94 | There is hereby appropriated to the State Board of Education for | |
47 | 95 | deposit in the State Public Common School Building Equalization Fund | |
48 | 96 | created in Section 32 of Article X of the Oklahoma Consti tution, | |
49 | 97 | from any monies not otherwise appropriat ed from the General Reven ue | |
50 | 98 | Fund of the State Treasury for the fiscal year end ing June 30, 2024, | |
51 | 99 | One Hundred Twenty-five Million Dollars ($125,000,000.00) to be | |
52 | 100 | distributed as redbud school grants as provided in Section 3-104 of | |
53 | 101 | Title 70 of the Oklahoma Statutes. | |
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55 | 102 | SECTION 3. NEW LAW A new section of law to be codified | |
56 | 103 | in the Oklahoma Statutes as Section 28-100A of Title 70, unless | |
57 | 104 | there is created a duplication in numbering, reads as fol lows: | |
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59 | 105 | A. It is the intent of the Legislature that appropriations made | |
60 | 106 | in House Bill No. 2901 of the 1st Session of the 59th O klahoma | |
61 | 107 | Legislature in conjunction with other funds appropriated to the | |
62 | 108 | State Board of Education during the 1st Session of the 59t h Oklahoma | |
63 | 109 | Legislature establish a new baseline appropriation level for public | |
64 | 110 | schools in this state, and that maintaining such baseline levels in | |
65 | 111 | future years should be a requirement prior to resources being made | |
66 | 112 | available for programs such a s the Oklahoma Parental Choice Tax | |
67 | 113 | Credit Act, created pursuant to House Bill No. 19 34 of the 1st | |
68 | 114 | Session of the 59th Oklahoma Legislature. For this reason, | |
69 | 115 | subsection B of this section is necessary. | |
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71 | 142 | B. Beginning July 1, 2024 , and at the beginning of each | |
72 | 143 | succeeding state fiscal year, if the amount of money ap propriated to | |
73 | 144 | the State Board of Education: | |
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75 | 145 | 1. For the financial support of publi c schools and support of | |
76 | 146 | public schools activities in such fiscal year; and | |
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78 | 147 | 2. To be distributed through redbud school grants pro vided for | |
79 | 148 | in Section 3-104 of Title 70 of the Oklahoma Statutes, | |
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81 | 149 | is less than such amounts appropriated for the fiscal year e nding | |
82 | 150 | June 30, 2024, the tax credits otherwise authorized in the Oklahoma | |
83 | 151 | Parental Choice Tax Cre dit Act shall be reduced proportionally to | |
84 | 152 | reflect the proportion such appropriat ions fail to reach the | |
85 | 153 | baseline amounts appropriated for the fiscal year endin g June 30, | |
86 | 154 | 2024. | |
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88 | 155 | SECTION 4. This act shall become effective July 1, 2023. | |
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90 | 156 | SECTION 5. It being immediately necessary fo r the preservation | |
91 | 157 | of the public peace, health or safety, an emergency is hereby | |
92 | 158 | declared to exist, by r eason whereof this act shall take effect and | |
93 | 159 | be in full force from and after its passage and approval. | |
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95 | 186 | Passed the House of Representatives the 17th day of May, 2023. | |
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100 | 191 | Presiding Officer of the House | |
101 | 192 | of Representatives | |
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104 | - | Passed the Senate the | |
195 | + | Passed the Senate the ___ day of __________, 2023. | |
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109 | 200 | Presiding Officer of the Senate | |
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112 | - | OFFICE OF THE GOVERNOR | |
113 | - | Received by the Office of the Governor this ____________________ | |
114 | - | day of ___________________, 20_______, at _______ o'clock _______ M. | |
115 | - | By: _________________________________ | |
116 | - | Approved by the Governor of the State of Oklahoma this _____ ____ | |
117 | - | day of ___________________, 20_______, at _______ o'clock _______ M. | |
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120 | - | _________________________________ | |
121 | - | Governor of the State of Oklahoma | |
122 | - | ||
123 | - | OFFICE OF THE SECRETARY OF STATE | |
124 | - | Received by the Office of the Secretary of State this __________ | |
125 | - | day of ___________________, 20_______, at _______ o'clock _______ M. | |
126 | - | By: _________________________________ |