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Bill > S355


MA S355

Increasing the Commonwealth's share of the education foundation budget


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

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

AI Summary

This bill proposes to gradually increase the Commonwealth's (state's) share of the education foundation budget by reducing the total state target local contribution, which is the percentage of the total state foundation budget that is to be funded through required local contributions. Specifically, the bill would decrease the maximum allowed total state target local contribution from 58% to 54% over a four-year period, with the changes taking effect annually from 2022 to 2025. This would result in the state funding a larger portion of the education foundation budget, reducing the burden on local communities.

Committee Categories

Education

Sponsors (2)

Last Action

Accompanied a study order, see S2755 (on 03/14/2022)

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