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Bill > S1089
MA S1089
MA S1089Supporting municipal fiscal stability through a special education stabilization fund
summary
Introduced
04/15/2015
04/15/2015
In Committee
04/15/2015
04/15/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation to support municipal fiscal stability through a special education stabilization fund. Municipalities and Regional Government.
AI Summary
This bill allows school districts, after a vote by their school committee and legislative body (or a majority of member communities for regional districts), to create a special education stabilization fund. This fund can be used to cover unexpected or unbudgeted costs related to special education tuition and transportation without needing a separate appropriation. The total amount in this fund cannot exceed 2% of the school district's annual net school spending, which refers to the total amount spent on education after certain reimbursements. The district treasurer can invest the money in the fund, and any interest earned will be added to it. For regional school districts, money can only be added to this fund through appropriations approved at the annual town meetings of the member towns.
Committee Categories
Government Affairs
Sponsors (9)
Jason Lewis (D)*,
Jennifer Benson (D),
Paul Brodeur (D),
Michael Day (D),
Benjamin Downing (D),
Carolyn Dykema (D),
Jamie Eldridge (D),
Barbara L'Italien (D),
Bruce Tarr (R),
Last Action
Accompanied H1831 (on 09/28/2015)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/Senate/S1089 |
| State Bill Page | https://malegislature.gov/Bills/189/S1089 |
| Bill | https://malegislature.gov/Bills/189/S1089.pdf |
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