Bill > LB249

This bill modifies the Tax Equity and Educational Opportunities Support Act to introduce a new military impact funding mechanism for school districts with federally connected children whose parents are on active duty in the uniformed services. Starting in the 2025-26 school fiscal year, the bill establishes a formula to calculate military impact funding based on the district's federal impact aid and general fund tax levy. The funding amount will be determined by subtracting the per-pupil federal impact aid from the per-pupil general fund tax levy and multiplying this difference by the number of federally connected children in the district. The bill also updates various sections of Nebraska statutes to incorporate this new funding stream into local system formula resources, changes certain certification dates for state aid and budget authority, and adjusts the timeline for legislative appropriations and budget recommendations. Additionally, the bill includes an emergency clause, meaning it will take effect immediately upon passage and approval, and it repeals the original sections of the statutes that are being amended to ensure the new provisions are implemented cleanly.

Education

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=58747