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Bill > S310


MA S310

MA S310
Increasing the Commonwealth's share of the education foundation budget


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to increase the Commonwealth's share of the education foundation budget. Education.

AI Summary

This bill aims to gradually increase the Commonwealth's share of the education foundation budget over the next five fiscal years. Specifically, it sets a "target local share" for municipalities, which represents their target local contribution as a percentage of their municipal foundation budget. The target local share will decrease from 58% in fiscal year 2020 to 54% in fiscal year 2024, with the remaining percentage being covered by the Commonwealth's share. The bill provides the specific target local share for each fiscal year, with the changes taking effect on January 1 of the respective years.

Committee Categories

Education

Sponsors (2)

Last Action

Accompanied a new draft, see S2348 (on 09/19/2019)

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