February 23, 2001

Mr. Speaker:

Your EDUCATION COMMITTEE, to whom has been referred

HOUSE BILL 365

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

1. On page 3, line 2, strike "and".

2. On page 3, line 3, remove the brackets and line through "seventy-five percent".

3. On page 3, line 7, after the end quotation mark strike the remainder of the line, strike all of lines 8 through 11 and strike line 12 up to the period.

4. On page 3, line 16, strike the period and insert in lieu thereof "; and

(3) if the federal government allows the state to calculate disparity on the unit value, sixty percent of grants from the federal government for impact aid. The school district shall budget and expend thirty-five percent of the grant receipts for capital outlay.".,

and thence referred to the TAXATION AND REVENUE COMMITTEE.

Respectfully submitted,

Rick Miera, Chairman

Adopted Not Adopted

(Chief Clerk) (Chief Clerk)

The roll call vote was 12 For 1 Against

Yes: 12

No: Stapleton

Excused: None

Absent: None

.137307.1

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