My spies have been working overtime. Because they just passed me a big scoop.
GOP Leadership in the House apparently released two proposals last night to the Republican caucus to increase teacher pay without a tax increase.
Plan A consists of amendments to the Governor’s bill. Plan A consists of a 3 year phase-in with the target additions to education funding being $30 million the 1st year, $20 million the 2nd and $20 million the 3rd. They would identify $30 Million from the General Bill + $19 Million per Blue Ribbon Task Force
(SB131), moving the Pension Fund into General Fund. This version would maintain Capital Outlay flexibility at 20%
Plan B would be an amendment to SB 131. There would be a 3 Year roll out with target amounts the same as Plan A. Taking .5 of the Capital Outlay mil levy, shifting it to the General Fund, Getting a total of $35 mil General Fund Dollars, and they would eliminate flexibility within Capital Outlay, and adding $19mil per the Blue Ribbon Task Force (SB131), moving the Pension Fund into the General Fund.
Apparently, moving the pension fund into the general fund adds a total of $35 mil General Fund Dollars. And there are amendments to SB 131 that they plan.
I’m sure that a few details are getting missed as the information is passed to me by my sources. But, the big takeaway is that the House believes they can increase education funding with no new taxes, which had previously been thought of as impossible.
I’m told they hope to generate support for these plans early next week, since during that time the House will be voting on HB 1182, which is the Governor’s plan to increase taxes for the purpose of putting new dollars into education and property tax relief.