126th MAINE LEGISLATURE
LD 1657 LR 2320(02)
An Act To Ensure Equity in Teacher Retirement Costs for Private Academies
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium savings - Local School Administrative Units
Fiscal Detail and Notes
Current law requires that, for the 2013-14 and 2014-15 school years only, the maximum allowable tuition that a school administrative unit (SAU) that sends students to a private school is charged by a private school that participates in the Maine Public Employees Retirement System must be increased, above the amount otherwise permitted to be charged, by an amount equal to the calculated normal cost of teacher retirement for the private school.   The maximum allowable tuition is determined utilizing actual costs from the prior year.  For the 2014-2015 school year, the maximum allowable tuition that a private school can charge a school administrative unit will be calculated based on 2013-2014 school year costs plus the normal cost of teacher retirement for the private schools.  Requiring certain local school administrative units to be charged an additional amount above the maximum allowable tuition for the 2014-2015 school year may result in those SAU's being charged twice for the normal cost of teacher retirement.  This legislation repeals that requirement for the 2014-2015 school year in order to avoid that possibility.