2024 -- S 2565

========

LC004901

========

     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2024

____________

A N   A C T

     RELATING TO EDUCATION -- FOUNDATION LEVEL SCHOOL SUPPORT

     Introduced By: Senators Lauria, Britto, and Lawson

     Date Introduced: March 01, 2024

     Referred To: Senate Finance

     It is enacted by the General Assembly as follows:

     SECTION 1. Section 16-7-17 of the General Laws in Chapter 16-7 entitled "Foundation

Level School Support [See Title 16 Chapter 97 — The Rhode Island Board of Education Act]" is

hereby amended to read as follows:

     16-7-17. Time of payment of state’s share of the basic program and approved

expenditures.

     There shall be paid by the state to each community in twelve (12) monthly installments an

amount as determined by law to be the state’s share of the cost of the basic program for the reference

year and all approved expenditures in excess of the basic program for the reference year, provided,

however, that these payments to a community shall be reduced by the amount of funds deposited

by the department into the local education agency EPSDT account in accordance with § 40-8-18

on behalf of the community. The July payment shall be two and fifty-four hundredths percent

(2.54%) of the state’s share based upon the estimated pupil data, valuation data, and expenditure

data for the reference year and the August through June payments shall each be eight and eighty-

six hundredths percent (8.86%) of the aid due and payable based upon the data for the reference

year, except for the city of East Providence which shall be paid during October and April in

accordance with chapter 344 of the Public Laws of 1982. This payment schedule of twelve (12)

monthly installments shall also apply to the city of East Providence, notwithstanding any provisions

to the contrary contained in Pub. L. 2012, ch. 241, art. 12, § 5.

     SECTION 2. This act shall take effect upon passage.

========

LC004901

========

LC004901 - Page 2 of 3

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

     RELATING TO EDUCATION -- FOUNDATION LEVEL SCHOOL SUPPORT

***

     This act would provide that the state’s share of the basic program and approved

expenditures under foundation level school support would be paid to the city of East Providence in

twelve (12) monthly installments, as opposed to being paid in only two installments in April and

October.

     This act would take effect upon passage.

========

LC004901

========

LC004901 - Page 3 of 3