SB 1037 Modifies recalculation of the state adequacy target amount under the elementary and secondary education school funding formula
Sponsor: Shields
LR Number: 4651S.01I Fiscal Note:
Committee: Education
Last Action: 1/30/2008 - Second Read and Referred S Education Committee Journal Page: S153
Title: Calendar Position:
Effective Date: August 28, 2008

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Current Bill Summary


SB 1037 – This act modifies the calculation of the state adequacy target under the elementary and secondary education school funding formula. Current law provides that a recalculation will never result in a decrease from the previous state adequacy target. This act provides that a recalculation will never result in a decrease of 102% of the previous state adequacy target amount.

MICHAEL RUFF