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

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

Amendments