s_fin_2016a_2016-02-09t14:05:15z1 Hearing Summary
Date: 02/09/2016
Final
BILL SUMMARY for SB16-072
SENATE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Refer Senate Bill 16-072 to the Committee on Appro | PASS |
02:23 PM -- SB16-072
Senator Kerr, prime sponsor, presented Senate Bill 16-072. The bill, as amended by the Senate Education Committee, establishes the following incremental caps on lease payments for public school facility capital construction projects financed through the Building Excellent Schools Today Program (BEST):
• $80 million in FY 2015-16;
• $90 million in FY 2016-17;
• $100 million in FY 2017-18;
• $110 million in FY 2018-19; and
• $120 million in FY 2019-20 and thereafter.
In addition, the amended bill eases certain eligibility requirements for charter schools to apply for grants from the BEST program.
| BILL: | SB16-072 | |
| TIME: | 02:25:40 PM | |
| MOVED: | Kerr | |
| MOTION: | Refer Senate Bill 16-072 to the Committee on Appropriations. The motion passed on a vote of 5-0. | |
| SECONDED: | ||
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VOTE
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Holbert
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Yes
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Johnston
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Yes
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Kerr
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Yes
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Hill
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Yes
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Neville T.
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Yes
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Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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