Removes language that requires the department of elementary and secondary education to prorate funds to school districts in certain situations and eliminate funding for certain programs.
Provides that in local educational agencies when over 45% of the children have a family income that is at or below 185% of federal poverty guidelines then the student success factor will be 50% by the core instruction per-pupil amount.
Requires a review by the department of elementary and secondary education of the formula components used to compute the aid needed to support high need students.
Provides for increases or decreases in the amount of foundation level school support that a community would receive, based upon a community's ability to meet and surpass its minimum low- and moderate-income housing requirements.
Removes the requirement that the public utilities commission allocate five million dollars ($5,000,000) annually to the Rhode Island infrastructure bank for use with energy efficient programs.