2022 -- S 2042

========

LC003846

========

     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2022

____________

A N   A C T

RELATING TO EDUCATION - THE EDUCATION EQUITY AND PROPERTY TAX RELIEF

ACT

     Introduced By: Senators Rogers, de la Cruz, Algiere, Coyne, Pearson, and E Morgan

     Date Introduced: January 25, 2022

     Referred To: Senate Education

     It is enacted by the General Assembly as follows:

     SECTION 1. Section 16-7.2-4 of the General Laws in Chapter 16-7.2 entitled "The

Education Equity and Property Tax Relief Act" is hereby amended to read as follows:

     16-7.2-4. Determination of state's share.

     (a) For each district, the state's share of the foundation education aid calculated pursuant

to § 16-7.2-3(a) shall use a calculation that considers a district's revenue-generating capacity and

concentration of high-need students. The calculation is the square root of the sum of the state-share

ratio for the community calculation, pursuant to § 16-7-20, squared plus the district's percentage of

students in grades PK-6 in poverty status squared, divided by two.

     (b) For purposes of determining the state's share, school district student data used in this

calculation shall include charter school and state school students. These ratios are used in the

permanent foundation education aid formula calculation described in § 16-7.2-5.

     (c) In any given fiscal year, the total education aid paid to a local education agency,

including distributed categorical funds, may not be reduced by more than one percent (1%) of the

municipal education appropriation to the local education agency in the previous fiscal year.

     SECTION 2. This act shall take effect upon passage.

========

LC003846

========

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO EDUCATION - THE EDUCATION EQUITY AND PROPERTY TAX RELIEF

ACT

***

     This act would prohibit total education aid paid to any local education agency from being

reduced by more than one percent (1%) of the municipal education appropriation in the previous

year.

     This act would take effect upon passage.

========

LC003846

========

LC003846 - Page 2 of 2