Bill > HB0316

This bill creates a select committee on school finance recalibration composed of 12 members (6 from the Senate and 6 from the House of Representatives), with one member from each chamber's minority party. The committee's primary task is to study and potentially modify the education resource block grant model to ensure it remains cost-based and responsive to changing conditions. The committee will specifically examine virtual education funding models from other states and develop suggestions for a fair and predictable funding formula for Wyoming virtual schools. They may work with professional consultants and are authorized to introduce legislation based on their findings. The bill appropriates $920,000 from the general fund to the legislative service office to support the study, and includes additional appropriations of $52.3 million for an external cost adjustment to the education resource block grant model, $69.2 million for school district entitlement and special education payments, and potentially $84.4 million for additional school district entitlement payments, depending on the passage of other related bills. The committee is set to be established by March 31, 2025, and will remain active until February 9, 2026, with the goal of reporting recommendations and potential legislation to the legislature.

Budget and Finance, Education

Management Council

https://www.wyoleg.gov/Legislation/2025/HB0316