2023 -- S 0066 | |
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LC000951 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2023 | |
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A N A C T | |
RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX | |
RELIEF ACT | |
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Introduced By: Senators Rogers, de la Cruz, DeLuca, Paolino, E Morgan, and Pearson | |
Date Introduced: February 01, 2023 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 16-7.2-4 of the General Laws in Chapter 16-7.2 entitled "The |
2 | Education Equity and Property Tax Relief Act" is hereby amended to read as follows: |
3 | 16-7.2-4. Determination of state’s share. |
4 | (a) For each district, the state’s share of the foundation education aid calculated pursuant |
5 | to § 16-7.2-3(a) shall use a calculation that considers a district’s revenue-generating capacity and |
6 | concentration of high-need students. The calculation is the square root of the sum of the state-share |
7 | ratio for the community calculation, pursuant to § 16-7-20, squared plus the district’s percentage |
8 | of students in grades PK-6 in poverty status squared, divided by two. |
9 | (b) For purposes of determining the state’s share, school district student data used in this |
10 | calculation shall include charter school and state school students. These ratios are used in the |
11 | permanent foundation education aid formula calculation described in § 16-7.2-5. |
12 | (c) In any given fiscal year, the total education aid paid to a local education agency, |
13 | including distributed categorical funds, shall not be reduced by more than one percent (1%) of the |
14 | municipal education appropriation to the local education agency in the previous fiscal year. |
15 | SECTION 2. This act shall take effect upon passage. |
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LC000951 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX | |
RELIEF ACT | |
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1 | This act would prohibit total education aid paid to any local education agency from being |
2 | reduced by more than one percent (1%) of the municipal education appropriation in the previous |
3 | fiscal year. |
4 | This act would take effect upon passage. |
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