Vermont § 4015 - Merger support for merged districts [Repealed July 1, 2028 if contingency met]

§ 4015. Merger support for merged districts [Repealed July 1, 2028 if contingency met]

• (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  explicitly repealed by the General Assembly; provided, however, that the Secretary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. (Added 1997, No. 71 (Adj. Sess.), § 92, eff. March 11, 1998; amended 1999, No. 49, § 3, eff. June 2, 1999; 1999, No. 66 (Adj. Sess.), § 39, eff. Feb. 8, 2000; 2003, No. 68, § 23, eff. July 1, 2004; 2003, No. 76 (Adj. Sess.), § 27, eff. Feb. 17, 2004; 2007, No. 82, § 28; 2009, No. 44, § 19, eff. May 21, 2009; 2011, No. 129 (Adj. Sess.), § 7, eff. May 11, 2012; 2013, No. 92 (Adj. Sess.), § 240, eff. Feb. 14, 2014; 2015, No. 48, § 6; 2015, No. 46, § 20, eff. July 1, 2019; 2021, No. 73, § 20, eff. June 8, 2021; 2021, No. 127 (Adj. Sess.), § 26, eff. July 1, 2024.) § 4015. Merger support for merged districts [Repealed effective July 1, 2028] (Added 1997, No. 71 (Adj. Sess.), § 92, eff. March 11, 1998; amended 1999, No. 49, § 3, eff. June 2, 1999; 1999, No. 66 (Adj. Sess.), § 39, eff. Feb. 8, 2000; 2003, No. 68, § 23, eff. July 1, 2004; 2003, No. 76 (Adj. Sess.), § 27, eff. Feb. 17, 2004; 2007, No. 82, § 28; 2009, No. 44, § 19, eff. May 21, 2009; 2011, No. 129 (Adj. Sess.), § 7, eff. May 11, 2012; 2013, No. 92 (Adj. Sess.), § 240, eff. Feb. 14, 2014; 2015, No. 48, § 6; 2015, No. 46, § 20, eff. July 1, 2019; 2021, No. 73, § 20, eff. June 8, 2021; 2021, No. 127 (Adj. Sess.), § 26, eff. July 1, 2024; contingently repealed on July 1, 2028 by 2025, No. 73, § 42(e).)