1097: FLOOR SUMMARY (Date Completed: 3-8-10) - GAMING COMPACT FUNDS: SCHOLARSHIPS

GAMING COMPACT FUNDS: SCHOLARSHIPS S.B. 1097: FLOOR SUMMARY
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Senate Bill 1097 (as reported without amendment) (as passed by the Senate)
Sponsor: Senator Ron Jelinek
Committee: Appropriations

CONTENT
Senate Bill 1097 would amend the Revised School Code by allowing districts to establish and administer scholarships for their students or graduates to attend postsecondary institutions, using funds received as a result of a gaming compact between the State and an Indian tribe.

(Local district legal counsel apparently has advised that legislation is necessary if gaming compact funds are to be given to K-12 schools for the purpose of graduates' attending postsecondary institutions, which lies beyond the K-12 scope. Therefore, an amendment to the Revised School Code was requested.)

MCL 380.11a

FISCAL IMPACT
The bill would have no fiscal impact on the State.

A local district could receive gaming funds under this legislation, but only to provide scholarships; therefore, any dollars received would be earmarked for that specific purpose.

Date Completed: 3-8-10 Fiscal Analyst: Kathryn Summers

Analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. sb1097/0910