Bill > H330

This bill establishes an insurance program for municipalities to help manage unpredictable special education costs, which often make it difficult for school districts and local governments to create stable education budgets. The program will reimburse municipalities for special education expenses that exceed a certain threshold, calculated as 25% of a figure derived from the average statewide special education spending over the past three years, divided by the average number of public school students statewide over the same period, and then multiplied by the number of students in that specific school district or municipality.