View Amendment Current Amendment: 1 to Bill 515

Senator HUTTO proposed the following amendment (515R001.SP.CBH):

Amend the bill, as and if amended, by adding an appropriately numbered new SECTION to read:

/SECTION _. SECTION 5 of Act 280 of 2018 is amended to read:

" SECTION5. (A) The board of trustees of the school district, before July first of each year, shall prepare a school district budge t for the ensuing school year. Before September second of each year, the board shall notify the county auditor and treasurer in writing of the millage required for the operation of the schools in the district for the ensuing school year. The notice by the board constitutes authority for the levying and collection of the millage upon all of the real and personal property within the school district. The levy must be placed to the credit of the district and expended for the district. Beginning in 2019 with fiscal year 20212022, the school district may raise its millage by no more than two to five mills over that levied for the previous year, in addition to any millage needed to adjust for the EFA inflation factor and sufficient to meet the requirements of Section 59-21-1030. Beginning with fiscal year 20222023, the school district may raise its millage to three mills over that levied for fiscal year 20192020, in addition to the inflation factor as estimated by the EFA and meeting the requirements of Section 59-21-1030. An increase above this two these mills for operations may be levied only after a majority of the registered electors of the district vote in favor of the millage increase in a referendum called by the district school board and conducted by the county election commission.

(B) The board shall hold a public hearing prior to its final approval o f the budget for the district. Notice of this public hearing must be placed in a newspaper of general circulation in the district at least fifteen days before the public hearing.

(C) For purposes of determining the previous year's millage of the district upon its creation, the millage levy for the district must be determined and calculated by the board based on the 2018 levy in each of the three districts and the value of a mill in each district as well as the 2018 countywide school millage levy and the value of a mill in the county Beginning in fiscal year 202122, the operational millage levy for the district shall be two hundred nineteen mills." /