Fiscal Impact Statement
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DATE: 2/2/2023
BILL: HB1337,
SPONSOR: Mayberry
SUBTITLE:
TO CLASSIFY A BUILDING OR SPACE USED FOR A PUBLIC EARLY CHILDHOOD EDUCATION PROGRAM OR
FOR A SAFE ROOM FOR STUDENTS AS AN ACADEMIC FACILITY UNDER THE ARKANSAS PUBLIC SCHOOL
ACADEMIC FACILITIES FUNDING ACT.
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TOPIC
Academic Facilities
AFFECTED FUNDS
Partnership Funding
REVENUE IMPACT
No Fiscal Impact
ASSUMPTIONS - BASED ON:
A set amount of facilities partnership funding is available each year. Projects are ranked and
funding is based on factors such as project type, geographic region, and the district’s wealth
index. Changing the definition of an academic facility could cause an increase in the number of
projects. Without additional funding this means fewer projects will be awarded.
ADDITIONAL COMMENTS
Prepared by the Arkansas Department of Education
Statutes affected: HB 1337: 6-20-2502(2)