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HB24-1395

Public School Capital Construction Assistance Fund Transfer Date

Concerning delaying a transfer from the marijuana tax cash fund to the public school capital construction assistance fund, and, in connection therewith, reducing an appropriation.
Session:
2024 Regular Session
Subjects:
Education & School Finance (Pre & K-12)
State Revenue & Budget
Bill Summary

Joint Budget Committee. The bill delays a $20 million transfer from the marijuana tax cash fund to the public school capital construction assistance fund from July June 1, 2024, to July June 1, 2026. The bill reduces the appropriation to the department of education from the public school capital construction assistance fund for the 2024-25 state fiscal year by $20 million.

(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed
Became Law

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Bill Text

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details