Official Text and Analysis.

Appropriates from the GFS $58.424 million for K-12 hold-harmless payments in the 2019-20 and 2020-21 school years to school districts based on general apportionment, local enrichment levies,andlocaleffortassistance. (Theamountsappropriatedfrom the GFS are attributable to the amounts transferred into the GFS from the Budget Stabilization Account in section 1 of the underlying bill for hold-harmless payments.) Deletes the transfer from the Budget Stabilization Account to the GFS for school district Career and Technical Education equipment grants. Establishes the terms of the hold-harmless payments, which are the same terms as the hold-harmless payments in Engrossed Substitute House Bill 1109 as passed House (operating budget bill).