31BD3FAC3404E3318725857F0068BA34 Hearing Summary

The committee recessed.

The committee came back to order.

Speaker Becker presented House Bill 20-1418, the school finance bill. She discussed the specifics of the bill, including how much base per pupil funding is in the bill and the increase of the budget stabilization factor. The Speaker responded to committee questions regarding the budget stabilization factor, how students will be counted in October, and how public school funding is impacted by COVID-19. The committee discussed local mil levys and how they are impacted by the bill.

Committee discussion continued on the bill.

Ally Kimmel, representing the office of the Governor, came to the table to respond to a question previously asked by the committee. The committee discussed mill levy overrides

Craig Harper, Joint Budget Committee Staff, responded to committee questions regarding mill levys, mill levy overrides, and the budget stabilization factor. Committee discussion ensued.

Representative Buentello moved and explained Amendment L.002 (Attachment C). Representative Becker responded to committee questions regarding the amendment.

Representative Buentello withdrew Amendment L.002.

Rep Larson moved and explained Amendment L.003 (Attachment D).

After committee discussion, Representative Larson withdrew Amendment L.003.

Representative Becker moved and explained Amendment L.001

After committee discussion, Speaker Becker agreed to not amend the bill during the committee hearing to allow members time to review any amendments to the bill.

Committee discussion ensued, and Speaker Becker made concluding comments regarding the bill.