20-9-640. (Temporary) State lands reimbursement block grant. (1) (a) For fiscal years 2022 and 2023, the office of public instruction shall provide a state lands reimbursement block grant of $75,000 to each school district in a county with greater than 20% of the county's land area composed of state school trust lands.
(b) The electronic reporting system that is used by the office of public instruction and school districts must be used to allocate the block grant amount into each district's general fund BASE budget as an anticipated revenue source.
(2) Each year, 70% of each district's block grant must be distributed in December and 30% of each district's block grant must be distributed in May at the same time that guaranteed tax base aid is distributed. (Terminates June 30, 2023--secs.2, 3, Ch. 188, L. 2021.)
History: En. Sec. 4, Ch. 416, L. 2017; amd. Sec. 1, Ch. 475, L. 2019; amd. Sec. 1, Ch. 188, L. 2021.