Education; county school system financing; provide allotment of funds reduced in each fiscal year by the amount of ad valorem taxes collected

A BILL to be entitled an Act to amend Part 4 of Article 6 of Chapter 2 of Title 20 of the Official Code of Georgia Annotated, relating to school financing, so as to provide that the allotment of funds provided to the county school system of any county having, in addition to the county school system, one or more independent school systems shall be reduced in each fiscal year by the amount of ad valorem taxes collected on behalf of such county school system in the preceding year attributable to that part of such county school system's millage rate in excess of 20 mills; to provide for related matters; to repeal conflicting laws; and for other purposes.