Sponsored by: Joint Education Interim Committee
AN ACT relating to school finance; modifying the school reconfiguration requirements under the education resource block grant funding model; clarifying and defining requirements, expanding application as specified and providing an exception; modifying the regional cost adjustment to the education resource block grant model; providing technical corrections; clarifying methodology for computing model external cost adjustments; adjusting cost of education study components as specified; phasing-in financial impacts of modified regional cost adjustment; providing appropriations; and providing for effective dates.
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