Introduced by Sen. Valde Garcia (R) on December 4, 2003, to repeal a law which requires supplementary state school aid payments to wealthier school districts to compensate them for a loss of local funding that resulted from the 1994 Proposal A school finance and property tax limitation initiative. The bill would result in a reduction of some $55 million in payments to 44 wealthier school districts.
Referred to the Senate Judiciary Committee on December 4, 2003.