summary
Introduced
02/13/2026
02/13/2026
In Committee
03/02/2026
03/02/2026
Crossed Over
02/23/2026
02/23/2026
Passed
03/09/2026
03/09/2026
Dead
Signed/Enacted/Adopted
03/09/2026
03/09/2026
Introduced Session
2026 Budget Session
Bill Summary
AN ACT relating to K-12 public school finance; implementing the 2025 cost of education study as modified by the legislature; modifying the education resource block grant model; modifying cash reserves; restricting expenditure of funds distributed through the school foundation program account; creating a new grant program for the post secondary education enrollment options program; making conforming amendments; requiring rulemaking; repealing provisions; providing an appropriation; and providing for effective dates.
AI Summary
This bill modifies the state's K-12 public school finance system by implementing the 2025 cost of education study, which outlines the components and calculations for the education resource block grant model, a system used to fund schools. Key changes include updating how teacher staffing levels are determined based on student enrollment (Average Daily Membership or ADM), adjusting funding for various school roles like counselors, nurses, and support staff, and refining how operational costs such as utilities and maintenance are calculated. The bill also introduces new provisions for cash reserves, allowing school districts to hold a larger portion of unexpended funds for instructional purposes, and establishes a new grant program to reimburse school districts for student enrollment in post-secondary education options, like dual enrollment courses, with a cap of $10 million annually. Additionally, it makes conforming amendments to existing laws, requires rulemaking for implementation, and includes an appropriation of over $275 million to support these changes.
Committee Categories
Budget and Finance, Education
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Recalibration (Other)
Last Action
Assigned Chapter Number 82 (on 03/09/2026)
Official Document
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