SB 1037 - Shields, Charles
Modifies recalculation of the state adequacy target amount under the elementary and secondary education school funding formula
Bill Details
Sponsor
LR Number
4651S.01I
Title
SB 1037
House Handler
N/A
Journal Page
Effective Date
August 28, 2008
Committee
Current Status
Second Read and Referred S Education Committee
Quick Links
Amendments
No amendments available
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