Bill Text: OH HB447 | 2013-2014 | 130th General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: To permit a school district resulting from the consolidation of two or more school districts or from the voluntary transfer of the entire territory of a school district to receive a loan from the Ohio school facilities commission for the construction of a new facility to support the consolidated district if specified conditions are satisfied, and to make an appropriation.
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: (Introduced - Dead) 2014-04-02 - Committee Report - S [HB447 Detail]
Download: Ohio-2013-HB447-Introduced.html
As Introduced
A BILL
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Bill Title: To permit a school district resulting from the consolidation of two or more school districts or from the voluntary transfer of the entire territory of a school district to receive a loan from the Ohio school facilities commission for the construction of a new facility to support the consolidated district if specified conditions are satisfied, and to make an appropriation.
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: (Introduced - Dead) 2014-04-02 - Committee Report - S [HB447 Detail]
Download: Ohio-2013-HB447-Introduced.html
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Representative Lynch
Cosponsors:
Representatives Adams, J., Patterson, Roegner, Sprague, Stebelton, Thompson
To enact sections 3318.75 and 3318.751 of the Revised | 1 |
Code to permit a school district resulting from | 2 |
the consolidation of two or more school districts | 3 |
that meet specified conditions to receive a loan | 4 |
from the Ohio school facilities commission for the | 5 |
construction of a new facility to support the | 6 |
consolidated district. | 7 |
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That sections 3318.75 and 3318.751 of the Revised | 8 |
Code be enacted to read as follows: | 9 |
Sec. 3318.75. (A) For purposes of this section, an "eligible | 10 |
school district" is a city, local, or exempted village school | 11 |
district that results from the consolidation of two or more school | 12 |
districts under section 3311.37 of the Revised Code, provided all | 13 |
of the following conditions are satisfied: | 14 |
(1) The consolidating districts are located in the same | 15 |
county; | 16 |
(2) The county in which the consolidating districts are | 17 |
located has a population of less than one hundred thousand as of | 18 |
the most recent federal decennial census; | 19 |
(3) Each of the consolidating districts has a student | 20 |
enrollment of less than one thousand seven hundred students on the | 21 |
effective date of the consolidation; | 22 |
(4) Neither of the consolidating districts has previously | 23 |
received state assistance under this chapter; | 24 |
(5) Prior to the consolidation, the Ohio school facilities | 25 |
commission determined in a study conducted under section 3318.751 | 26 |
of the Revised Code that the school district resulting from the | 27 |
consolidation would be able to repay a loan made under this | 28 |
section within fifteen years after receiving the loan by using up | 29 |
to eighty per cent of the projected savings from consolidation. | 30 |
(B) In addition to receiving state assistance under any other | 31 |
section of this chapter, an eligible school district may apply for | 32 |
a loan of up to ten million dollars from the commission for the | 33 |
purpose of constructing a new classroom facility to meet the | 34 |
district's needs. The application shall be submitted in a form and | 35 |
manner specified by the commission. | 36 |
(C) The commission shall adopt rules regarding the making and | 37 |
repayment of loans under this section, including the interest rate | 38 |
for loans. | 39 |
Sec. 3318.751. Upon the request of two or more school | 40 |
districts that are seeking to consolidate into a single district | 41 |
that may be eligible for a loan under section 3318.75 of the | 42 |
Revised Code, the Ohio school facilities commission shall conduct | 43 |
a study in order to identify any savings that could result from | 44 |
the proposed consolidation. | 45 |
Section 2. All items in this section are hereby appropriated | 46 |
as designated out of any moneys in the state treasury to the | 47 |
credit of the designated fund. For all appropriations made in this | 48 |
act, those in the first column are for fiscal year 2014 and those | 49 |
in the second column are for fiscal year 2015. The appropriations | 50 |
made in this act are in addition to any other appropriations made | 51 |
for the FY 2014-FY 2015 biennium. | 52 |
53 | |
General Revenue Fund | 54 |
GRF | 230501 | Consolidated District Loan Program | $ | 0 | $ | 10,000,000 | 55 | ||||
TOTAL GRF General Revenue Fund | $ | 0 | $ | 10,000,000 | 56 | ||||||
TOTAL ALL BUDGET FUND GROUPS | $ | 0 | $ | 10,000,000 | 57 |
CONSOLIDATED DISTRICT LOAN PROGRAM | 58 |
The foregoing appropriation item 230501, Consolidated | 59 |
District Loan Program, shall be used to award loans to school | 60 |
districts under section 3318.75 of the Revised Code. | 61 |
Section 3. Within the limits set forth in this act, the | 62 |
Director of Budget and Management shall establish accounts | 63 |
indicating the source and amount of funds for each appropriation | 64 |
made in this act, and shall determine the form and manner in which | 65 |
appropriation accounts shall be maintained. Expenditures from | 66 |
appropriations contained in this act shall be accounted for as | 67 |
though made in Am. Sub. H.B. 59 of the 130th General Assembly. | 68 |
The appropriations made in this act are subject to all | 69 |
provisions of Am. Sub. H.B. 59 of the 130th General Assembly that | 70 |
are generally applicable to such appropriations. | 71 |