SOURCE: Page 8, line 21; (01)MO019903.8. -->
Page 8, between lines 21 and 22, begin a new paragraph and insert:
"
(e) Notwithstanding any other provision, in the case of a school
corporation that has issued bonds under this section and has
imposed a debt service levy to pay the bonds, the sum of the
property tax levies for the school corporation's transportation,
capital projects, art association, and historical society funds for
the year may not exceed the result of:
(1) the sum of the property tax levies for the school
corporation's transportation, capital projects, art association,
and historical society funds in 2002; minus
(2) the debt service levy imposed to pay the bonds issued
under this section; plus
(3) the amount by which the school corporation's maximum
permissible general fund property tax levy for the year exceeds its
actual general fund property tax levy for the year.".
(Reference is to ESB 199 as printed March 30, 2001.)
________________________________________
MO019903/DI 73 2001