Vermont H. 916: An act relating to increasing the moral obligation authority of the Vermont Economic Development Authority
Status: Delivered to the Governor on May 16, 2018 (as of 2018-05-16)
State: Vermont · Session: 2017-2018 · Bill: H. 916
Sponsors: House Committee on Commerce and Economic Development
Bill Text
BILL AS INTRODUCED H.916 2026 Page 1 of 2 VT LEG #386546 v.3 H.916 1 SHORT FORM 2 Introduced by Representative Olson of Starksboro 3 Referred to Committee on 4 Date: 5 Subject: Education; school districts; budgets; education finance; education 6 spending; taxation and finance; appropriations 7 Statement of purpose of bill as introduced: This bill proposes to task the Joint 8 Fiscal Office with developing a process for reviewing Education Fund 9 expenditures that includes (1) identification of spending categories and 10 amounts expended within each category; (2) determination of whether a 11 spending category is discretionary or required by statute or rule; (3) assessment 12 of whether each spending category is necessary for direct student learning; (4) 13 assessment of the reasonableness of the level of spending within each spending 14 category; (5) identification of the most appropriate revenue source for each 15 spending category identified as nonessential; and (6) creation of a 16 methodology for evaluating the cost-effectiveness of proposed legislation that 17 includes analysis of the costs to school districts of proposed State programs 18 and procedures. 19 An act relating to Education Fund expenditures review 20 BILL AS INTRODUCED H.916 2026 Page 2 of 2 VT LEG #386546 v.3 It is hereby enacted by the General Assembly of the State of Vermont: 1 (TEXT OMITTED IN SHORT-FORM BILLS) 2
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