Adopted

AMENDMENT NO 3 PROPOSED TO

Cmte Sub for House Bill No.  867

BY: Representative Holloway (76th)

Amend after line 138 by inserting the following:

     "(5)  For students transferring to a school located in a school district in which the student does not reside, the State Department of Education shall pay to the transferee school district (receiving school district) to which the student is transferred an amount as follows: the pro rata ad valorem receipts and in-lieu payments per pupil for the support of the local school district in which the student resides under Sections 37-57-1 (local contribution to the adequate education program) and 37-57-105 (school district operational levy), not including any taxes levied for the retirement of the school district of residence's bonded indebtedness or short-term notes or any taxes levied for the support of vocational-technical education programs.  The amount of funds payable to the receiving school district by the transferor school district of residence, must be based on the previous year's enrollment data and ad valorem receipts and in-lieu receipts of the local school district in which the student resides.  The pro rata amount must be calculated by dividing the local school district of residence's months one (1) through nine (9) average daily membership into the total amount of ad valorem receipts and in-lieu receipts, as reported to the State Department of Education by the transferor local school district.  The State Department of Education shall reduce the school district's January transfer of Mississippi Adequate Education Program funds, or any subsequent funding program which replaces MAEP, by the amount owed to the receiving school district and shall redirect that amount to the receiving school district.  Any such payments made under this subsection (5) by the State Department of Education to a receiving school district must be made two (2) business days prior to the last working day of each month there shall be paid to a receiving school district, by electronic funds transfer, one-twelfth (1/12) of the funds to which the receiving school district is entitled from funds appropriated for the adequate education program fund, or any subsequent funding program which replaces such program fund, for each child transferred to such school district under the authority of this section.  However, in December those payments shall be made on December 15th or the next business day after that date.  If a student transfer occurs after the start date of the scholastic year, the department shall not make any distribution of payments to the receiving school district until such time that the receiving school district certifies the enrollment of the transfer student to the department, which shall then only make payments to the receiving school district for such student for the remainder of the scholastic year as a proportionate share of the one-twelfth (1/12) of funds to which the receiving school district is entitled."

Further, amend the title to conform as follows online 13, by inserting the following after the semicolon:

"TO PROVIDE FOR THE ALLOCATION AND DISBURSEMENT OF FUNDS TO A RECEIVING SCHOOL DISTRICT UPON THE COMPLETION AND CERTIFICATION OF A STUDENT TRANSFER REQUEST;".