SB 475 - Kennedy, Harry
Alters the foundation formula by adding a condition to the hold-harmless calculation
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CURRENT BILL SUMMARY
SB 475 - This act adds a condition to the hold-harmless calculation permitting districts that receive students in the voluntary transfer program to have an amount per eligible pupil that is no less than their 1992-1993 per pupil amount plus the amount of line 14 aid per pupil for the current year. A scheduled reduction of line 14 funds for districts that fall below a specified level of performance on the statewide assessments in math and reading is repealed.
This act is identical to HB 128 (2005).
DONALD THALHUBER