Vt. Stat. tit. 16 § 4015

Current through L. 2024, c. 142.
Section 4015 - [Effective 7/1/2024] Merger support for merged districts
(a) A school district that was voluntarily formed under 2010 Acts and Resolves No. 153, 2012 Acts and Resolves No. 156, or 2015 Acts and Resolves No. 46, each as amended, and received a merger support grant shall continue to receive that merger support grant, subject to the provisions in subsection (c) of this section.
(b) A school district that was involuntarily formed under the Final Report of Decisions and Order on Statewide School District Merger Decisions Pursuant to Act 46, Secs. 8(b) and 10 dated November 28, 2018 and that received a small schools grant in fiscal year 2020 shall receive an annual merger support grant in that amount, subject to the provisions in subsection (c) of this section.
(c)
(1) Payment of a merger support grant under this section shall not be made in any year that the school district receives a small school weight under section 4010 of this title.
(2) Payment of a merger support grant under this section shall continue annually unless explicitly repealed by the General Assembly; provided, however, that the Secretary shall discontinue payment of the grant in the fiscal year following the cessation of operations of the school that made the district originally eligible for the grant, and further provided that if the building that houses the school that made the district originally eligible for the grant is consolidated with another school into a renovated or new school building, then the Secretary shall continue to pay the grant during the repayment term of any bonded indebtedness incurred in connection with the consolidation-related renovation or construction.

16 V.S.A. § 4015

Amended by 2022 , No. 127, § 26, eff. 7/1/2024.
Amended by 2021 , No. 73, § 20, eff. 6/8/2021.
Added 1997, No. 71 (Adj. Sess.), § 92, eff. 3/11/1998; amended 1999, No. 49, § 3, eff. 6/2/1999; 1999, No. 66 (Adj. Sess.), § 39, eff. 2/8/2000; 2003, No. 68, § 23, eff. 7/1/2004; 2003, No. 76 (Adj. Sess.), § 27, eff. 2/17/2004; 2007, No. 82, § 28; 2009 , No. 44, § 19, eff. 5/21/2009; 2011, No. 129 (Adj. Sess.), § 7, eff. 5/11/2012; 2013, No. 92 (Adj. Sess.), § 240, eff. 2/14/2014; 2015 , No. 48, § 6; 2015 , No. 46, § 20, eff. 7/1/2019.