HOUSE BILL ANALYSIS

                  HB 2746

Brief Description:  Distributing school district revenues.

Background:  School districts in counties participating in state and federal timber sales receive a portion of distributed timber sales revenues.  In the case of revenues from state "Transfer Trust" lands, the distribution to school districts is based on the district's maintenance and operation levy rates as a proportion of taxing district rates within the county.  In the case of revenues from state "Purchase Lands", the distribution is to the state general fund based on the state school tax levy rates and the districts maintenance and operating levy rate.  In the case of  revenues from federal timber sales, the revenue is distributed within the county based on enrollment.  In each case of timber revenue provided to the school district, the revenue is counted as an offset to allocations of state funds for basic education.

Summary:  State and federal forest revenues currently calculated as an offset to allocation of state funds are to be provided to school districts without commensurate deduction of state allocations for basic education.  Distribution of  "Purchase Land" revenues to the state general fund is to no longer include the rate for maintenance and operating levies.   Distribution of federal forest revenues is to be to districts located in federal forests providing the timber revenue.     

Effective Date:  Ninety days after adjournment of session in which bill is passed.

Fiscal Note:  Available.