Senate Second Reading
Summary
The bill requires the Economic Estimates Commission to calculate an annual expenditure limit for each community‑college district and an aggregate limit for all school districts, using 1979‑80 spending adjusted for student population and cost of living, with a 10 % increase for the aggregate. Districts may not exceed these caps unless the legislature approves excess spending by a two‑thirds vote of each house. It also defines which revenue sources are counted toward the limits and which are excluded.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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