2012 House Bill 6087

Reimburse some school district borrowing costs

Introduced in the House

Dec. 12, 2012

Introduced by Rep. Lisa Brown (D-39)

To give $45 million to certain school districts that borrowed to cover cash-flow needs between the end of their fiscal year and receipt of state school aid payments. Districts would get the amount that their short-term loans cost them in interest.

Referred to the Committee on Appropriations