Education Code § 47662

ARTICLE 6. Computations Affecting Sponsoring Local Educational Agencies

Current as of September 28, 2026Ed. Code, § 47662Official source ↗Ask about this

Amended by Stats. 2017, Ch. 15, Sec. 31. (AB 99) Effective June 27, 2017.

For purposes of Section 42238.02, as implemented by Section 42238.03, the property tax revenues received by a sponsoring local educational agency pursuant to Chapter 3.5 (commencing with Section 75) and Chapter 6 (commencing with Section 95) of Part 0.5 of the Revenue and Taxation Code shall be reduced by the amount of funding in lieu of property taxes allocated to a charter school or schools pursuant to Section 47635.