SB 1037 - Shields, Charles
Modifies recalculation of the state adequacy target amount under the elementary and secondary education school funding formula
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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