SPONSOR:

Rep. Jaques

HOUSE OF REPRESENTATIVES

150th GENERAL ASSEMBLY

HOUSE AMENDMENT NO. 2

TO

HOUSE BILL NO. 129

AMEND House Bill No. 129 by deleting Line 10 in its entirety and inserting in lieu thereof the following:

an election by an amount that does not exceed the lower of either of the following:

SYNOPSIS

This amendment modifies the permissible tax increase the school board may impose to the lower of either a rate equal to the percentage change in the CPI-W or a rate of 2% annually.