Introduced
by
To revise the law prescribing the days on which state funding to school districts is to be disbursed. The bill would establish that if the disbursement day does not fall on a business day, the payment is due on the next business day, not the preceding one. Note: One of the means that has been proposed to close a gap between previously appropriated spending and expected revenues in the current fiscal year is to push certain payments into the next fiscal year.
Referred to the Committee on Appropriations
