Introduced
by
To require the Department of Management and Budget to prepare and implement a plan for a state information network linking each local school district, intermediate school district, charter school, community college, independent nonprofit college or university, state public university, and each state, local, or regional library by fiber optic or coaxial cable, so as to provide a statewide interactive video and data access and exchange system.
Referred to the Committee on Education
Substitute offered
To replace the previous version of the bill with a new one which has been used as the legislative "vehicle" to establish the distribution priority formula for a $1 billion statewide school infrastructure bond issue that <a href="/bill.asp?ID=7639">Senate Bill 1137</a> proposes to place on the November, 2002 general election ballot. The proceeds from the new debt would be used to subsidize all or part of the interest on new local school construction bonds. The amount of each subsidy would depend on the school district's taxable value per pupil. Subsidies would range from 10 percent of the interest expense for the highest “quintile” (or 20 percent) of school districts (the wealthiest ones), increasing to a 25 percent, 50 percent, 75 percent, and 100 percent interest subsidy for successively poorer “quintiles.” Schools district could also borrow a portion of the construction money from the state “up front,” in amounts corresponding to the size of the interest subsidy. For the first year all the money would go to the 20 percent of poorest school districts. No one district could get more than 10 percent of the money (which would limit Detroit’s share). Of the $1 billion, $40 million would be reserved for loans to public school academy (charter school) and special-needs school district building projects, if the building is owned by the state and leased by the school, and the charter pays all the maintenance costs. When the bond was paid off, ownership would be transferred to the charter school or special-needs school district. See also <a href="/bill.asp?ID=5749">House Bill 4625</a>, which would authorize a $1 billion bond issue for sewer projects statewide, and which may be combined with this school debt proposal.
The substitute passed by voice vote
Amendment offered
by
To replace an outdated reference to the Department of Management and Budget with the new Department of Information Technology.
The amendment passed by voice vote
Amendment offered
by
To reserve all the bond money for the 20 percent of poorest school districts for the first three years of the bond, rather than the first year.
The amendment passed 36 to 0 (details)
Amendment offered
by
To establish that for the first three years the $40 million of the bond money would be reserved for public school academies (charter schools) and special-needs school districts would be available ahead of other uses, so these schools would not have to wait if other demand for the interest subsidies absorbs funds for this use.
The amendment passed by voice vote
Amendment offered
by
To require the loans provided to a charter school under (just) this program to be secured by the real and personal property owned by the public school academy.
The amendment passed by voice vote
Amendment offered
by
To require that the 20 percent of poorest school districts eligible for the 100 percent interest subsidy must levy at least four mills to help pay the bonds, allow flexible repayment plans for the poor school district that borrow their construction money from the state “up front,” and make other technical changes in the language of the bill.
The amendment passed by voice vote
Passed in the Senate 27 to 10 (details)
To establish the distribution priority formula for a $1 billion statewide school infrastructure bond issue that <a href="/bill.asp?ID=7639">Senate Bill 1137</a> proposes to place on the November, 2002 general election ballot. The proceeds from the new debt would be used to subsidize all or part of the interest on new local school construction bonds. The amount of each subsidy would depend on the school district's taxable value per pupil. Subsidies would range from 10 percent of the interest expense for the highest “quintile” (or 20 percent) of school districts (the wealthiest ones), increasing to a 25 percent, 50 percent, 75 percent, and 100 percent interest subsidy for successively poorer “quintiles.” Schools district could also borrow a portion of the construction money from the state “up front,” in amounts corresponding to the size of the interest subsidy. For the first three years all the money would go to the 20 percent of poorest school districts, which must levy at least four mills to help pay the bonds. No one district could get more than 10 percent of the money (which would limit Detroit’s share). Of the $1 billion, $40 million would be reserved for public school academies (charter schools) and special-needs school districts, if the building is owned by the state and leased by the school, and the charter pays all the maintenance costs. When the bond was paid off, ownership would be transferred to the charter school or special-needs school district. See also <a href="/bill.asp?ID=5749">House Bill 4625</a>, which would authorize a $1 billion bond issue for sewer projects statewide, and which may be combined with this school debt proposal. The bill would also encourage the Department of Information Technology to prepare and implement a plan for a state information network linking each local school district, intermediate school district, charter school, community college, independent nonprofit college or university, state public university, and each state, local, or regional library by fiber optic or coaxial cable, so as to provide a statewide interactive video and data access and exchange system.
Amendment offered
by
To postpone the Detroit schools reform board election from 2004 to 2006, and strike out the statewide school infrastructure bond provisions. The amendment also eliminates an obsolete 1994 law encouraging schools to sign on to a "world-class statewide interactive video and data access and exchange system" plan to be devised by the state.
The amendment passed by voice vote
Passed in the House 98 to 0
To postpone the Detroit schools reform board election from 2004 to 2006.
