Bill Number: H.B. 2373

            Gowan Floor Amendment

            Reference to: APPROPRIATIONS Committee amendment

            Amendment drafted by: Jeffrey Ong

FLOOR AMENDMENT EXPLANATION

1. Limits, to fiscal year 2022, the outlined penalties for a community college district (district) that exceeds its expenditure limitation.

2. Outlines the following amounts of state aid to be withheld from a district that exceeds its expenditure limitation:

a) $5,000 if the excess expenditures are less than 5 percent;

b) $15,000 if the excess expenditures are at least 5 percent, but less than 10 percent;

c) $20,000 if the excess expenditures are at least 10 percent, but less than 12 percent; or

d) calculated according to the current statutory withholding, if the excess expenditures are at least 12 percent or more.

3. Removes the $100 penalty for a district that exceeds its expenditure limitation.

4. Makes conforming changes.

Fifty-fifth Legislature                                                     GOWAN

First Regular Session                                                   H.B. 2373

GOWAN FLOOR AMENDMENT

SENATE AMENDMENTS TO H.B. 2373

(Reference to APPROPRIATIONS Committee amendment)

Page 1, line 5, strike "years 2020-2021," insert "year"; after "2021-2022" strike "and 2022-2023"

Line 8, after "district" strike remainder of line insert "shall have state aid pursuant to section 15-1466, Arizona Revised Statutes, withheld as follows:

1. If the excess expenditures are less than five percent of the limitation, an amount equal to $5,000.

2. If the excess expenditures are equal to or greater than five percent, but less than ten percent of the limitation, an amount equal to $15,000.

3. If the excess expenditures are equal to or greater than ten percent, but less than twelve percent of the limitation, an amount equal to $20,000.

4. If the excess expenditures are equal to or greater than twelve percent of the limitation, the amount shall be calculated according to section 41-1279.07, Arizona Revised Statutes."

Strike lines 9 and 10

Amend title to conform

DAVID GOWAN

2373GOWAN1235.docx

05/20/2021

12:35 PM

S: JO/gs