HB 2118 -- Transfers of Funds in Certain School Districts

Sponsor:  Britt

This bill permits a school district that has experienced a 20%
increase in one year in assessed valuation attributable to
construction of a power plant to make a one-time transfer of
incidental fund moneys to the capital projects fund of twice the
amount normally permitted by statute by the end of the fiscal
year after the increase became effective.  Campbell School
District is the only district known to meet these qualifications.