Bill
HB 1474
84(R) - 2015
House Public Education
House Public Education
Vote Recommendation
Neutral
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Neutral
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Neutral
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Neutral
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Neutral
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Neutral
Author(s)
Gary VanDeaver
Co-Author(s)
Dan Flynn
J.D. Sheffield
Bill Caption
Relating to the placement of money in the state instructional materials fund for public schools to use to purchase instructional materials.
Fiscal Notes
State
Estimated Two-year Net Impact to General Revenue Related Funds
for HB1474, Committee Report 1st House, Substituted: a negative impact
of ($4,200,000) through the biennium ending August 31, 2017.
Local Government
The bill would make funding available earlier in the school year to
school districts and open-enrollment charter schools to purchase
instructional materials and may prevent districts from borrowing from
local funds to pay for these materials.
Bill Analysis
HB 1474 would require the State Board of Education (SBOE) to set aside
50 percent of the distribution from the permanent school fund (PSF) to
the available school fund (ASF) to be placed in the instructional
materials fund (IMF) on a biennial basis instead of an annual basis. The
bill would entitle school districts to the instructional materials
allotment (IMA) on a biennial basis instead of an annual basis and
require IMA funding to be available in the first year of each biennium.
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