Bills › 90th General Assembly
SSB 3122
Topics:K–12 educationSchool funding
Where it is now
- Done: IntroducedJanuary 30, 2024
- Done: SubcommitteeJanuary 30, 2024
- Done: Senate committeeFebruary 7, 2024
- Skipped: Passes the SenateContinued as SF 2258
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 2258 → Its progress continues under the new number. Go to SF 2258 What’s a funnel?
What’s in it
AI summary This bill sets the specific percentages used to calculate how much money the state gives to schools for the upcoming budget year. These numbers help determine the amount of extra funding sent to school districts for general use and for special categories. These changes will apply to the school budget starting July 1, 2024.1
Read the official explanation
This bill relates to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2024. The state percent of growth is used to calculate the amount of supplemental state aid for a budget year as part of the state school foundation program. The categorical state percent of growth is generally used to calculate the amount of supplemental state aid for each of the categorical funding supplements. The bill provides that the general assembly shall establish the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2024, during the 2024 regular session. The bill takes effect upon enactment.
Senate subcommittee
Named January 30, 2024. On February 2, 2024 it recommended passage. [].
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Fiscal note
AI summary This bill changes how school districts are funded by establishing a 3.00% state percent of growth rate for fiscal year 2025. The changes are estimated to increase total state aid from the General Fund and other funds by $146.7 million, while property tax funds generated through the formula are estimated to increase by $46.5 million. Additionally, the bill is estimated to cause a $7.5 million reduction in state aid to Area Education Agencies.3
From the note: Figure 4 provides the estimated fiscal impact of the Bill. 35(2). 47%) compared to FY 2024. 80%) compared to FY 2024. 2 million for the teacher salary supplement at the district and AEA levels. 3 million for the professional development supplement at the district and AEA levels. 5 million for the early intervention supplement. 1 million for the TLC supplement. 81%) compared to FY 2024.
- Supplemental State Aid · February 21, 2024
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Similar bills
- HF 171 Relating to school funding by establishing the state percent of growth and the categorical…90th General Assembly · WithdrawnVery similar
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- SF 2094 Establishing the state percent of growth and the categorical state percent of growth for s…90th General Assembly · In committeeSimilar
Matched by wording or an identical title.