2003 House Bill 4401 ↩

House Roll Call 77: The substitute was not adopted

To replace the committee substitute adopted by the House with one which assumes savings of $100 million from refinancing borrowing by the school bond loan fund, rather than $134.5 million in the committee substitute, and replaces $198 million in general fund revenue with savings realized from an accounting change proposed by the governor. On the spending side, this substitute would cut funding for the Standard & Poor's school performance contract, add back money for smaller class size grants, return the school district merger incentive amount to the lower number proposed in the executive budget, cut funding for certain math and science centers, appropriate an extra $15 million for Detroit schools, and make various other changes which reflect differing priorities of the Democratic and Republican House caucuses. Both versions retain the $6,700 minimum foundation grant proposed by the governor.