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2014 Senate Bill 954: Expand state oversight of public school overspending
Introduced by Sen. Howard Walker (R) on May 21, 2014 To give the Department Treasury the authority to withhold state school aid payments “to incentivize” an overspending school district that fails to submit an acceptable “deficit elimination plan” as required by Senate Bill 952, or which falls more deeply into financial trouble and must operate under an “enhanced” deficit plan.   Official Text and Analysis.
Referred to the Senate Appropriations Committee on May 21, 2014
Reported in the Senate on December 2, 2014 With the recommendation that the bill pass.
Passed 24 to 14 in the Senate on December 3, 2014 (same description)
To give the Department Treasury the authority to withhold state school aid payments “to incentivize” an overspending school district that fails to submit an acceptable “deficit elimination plan” as required by Senate Bill 952, or which falls more deeply into financial trouble and must operate under an “enhanced” deficit plan.
Received in the House on December 3, 2014
Referred to the House Financial Liability Reform Committee on December 3, 2014
Reported in the House on December 11, 2014 Without amendment and with the recommendation that the bill pass.

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