5212-S AMS SPAN WILS 006

SSB 5212 - S AMD - 012

    By Senators Spanel, Haugen, Goings, Brown, Loveland, Wojahn, Sheldon, McAuliffe, Fairley, Thibaudeau, Franklin, Patterson, Kline, Snyder, Kohl, Rasmussen, Hargrove, Prentice and Fraser

                                                       NOT ADOPTED

    On page 27, line 10, after "payable;" strike all material down through "(2)" on line 11 and insert the following:

    "(2) "Limit factor" means:

(a) For the state, the lesser of one hundred six percent or one hundred percent plus inflation;

(b) For all other districts, one hundred six percent; and

(3)"

    On page 27, line 18, after "shall not exceed" strike all material down through "lower, of" on line 19 and insert "((one hundred six percent of)) the limit factor multiplied by"

    On page 27, line 33, after "shall not exceed" strike all material down through "lower, of" on line 34 and insert "((one hundred six percent of)) the limit factor multiplied by"

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EFFECT: Lowers the 106% limit to inflation for the state only.