School moneys, general fund
GENERAL FUND – Amends existing law to provide that moneys in the Public School Income Fund and the In-Demand Careers Fund shall be treated as moneys from the General Fund.

RS30606 / H0296

House Bill 1 of the 2022 Extraordinary Session established a new transfer from sales tax distributions to the Public School Income Fund and the In-Demand Careers Fund. Both funds are categorized as dedicated funds. This bill provides for these two distributions to be tracked and reported as the General Fund. Funding for Public Schools is primarily provided from the General Fund and each Public School Appropriation Bill accounts for the original fund source for tracking and reporting purposes. This bill maintains that precedent.

There is no fiscal impact with this legislation. This bill will track and report the two new distributions as General Fund instead of dedicated funds. This includes $330,000,000 for the Public School Income Fund and $80,000,000 from the In-Demand Careers Fund.

Bill Events
Date Description
03/09 Introduced, read first time, referred to JRA for Printing
03/13 Reported Printed and Referred to Appropriations
03/15 Reported out of Committee with Do Pass Recommendation, Filed for Second Reading
03/16 Read second time; Filed for Third Reading
03/17 U.C. to hold place on third reading calendar until Monday, March 20, 2023
03/20 U.C. to be returned to Appropriations Committee