Signed by Governor John Hickenlooper

Vote Smart's Synopsis:

Vote to pass a bill that requires school districts to develop a plan to help support students of public and charter schools.

Highlights:

• Requires school districts that receive revenue from mill levies to adopt a plan for equitably distributing the revenue in order to support all students within the district regardless of what type of school they’re enrolled in (Sec. 1).

• Specifies that additional mill levy revenue means the amount of property tax revenue that a school district collects from mills that are authorized by voters (Sec. 1).

• Requires school districts that choose not to adopt a plan to distribute to each charter school and innovation school an amount equal to at least 95% of the district’s per-pupil mill levy share multiplied by the number of students enrolled in the school (Sec. 1).  

• Requires each school district that adopts a plan to post the plan, along with a list of the waivers of statute received, on the district’s website by July 1, 2017 (Sec. 1).

• Creates a mill levy equalization fund to provide further support for the institution of charter schools and innovation schools (Sec. 1).

Full Bill Text