SP0071
LD 259
Session - 129th Maine Legislature
 
LR 280
Item 1
Bill Tracking, Additional Documents Chamber Status

An Act To Require the State To Meet the Mandatory 55 Percent Contribution to Schools

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 20-A MRSA §15671, sub-§7, ¶B,  as amended by PL 2017, c. 284, Pt. C, §19, is further amended to read:

B. The annual targets for the state share percentage of the statewide adjusted total cost of the components of essential programs and services are as follows.

(1) For fiscal year 2005-06, the target is 52.6%.

(2) For fiscal year 2006-07, the target is 53.86%.

(3) For fiscal year 2007-08, the target is 53.51%.

(4) For fiscal year 2008-09, the target is 52.52%.

(5) For fiscal year 2009-10, the target is 48.93%.

(6) For fiscal year 2010-11, the target is 45.84%.

(7) For fiscal year 2011-12, the target is 46.02%.

(8) For fiscal year 2012-13, the target is 45.87%.

(9) For fiscal year 2013-14, the target is 47.29%.

(10) For fiscal year 2014-15, the target is 46.80%.

(11) For fiscal year 2015-16, the target is 47.54%.

(12) For fiscal year 2016-17, the target is 48.14%.

(13) For fiscal year 2017-18, the target is 49.14%.

(14) For fiscal year 2018-19, the target is 50.14%.

(15) For fiscal year 2019-20 and thereafter, the target is 55%.

summary

This bill increases the target for the state share percentage of the statewide adjusted total cost of the components of essential programs and services to 55%, as required by law, beginning in fiscal year 2019-20 and continuing at that rate annually.


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