Rhode Island 2023 Regular Session

Rhode Island Senate Bill S0066 Compare Versions

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99 S TATE OF RHODE IS LAND
1010 IN GENERAL ASSEMBLY
1111 JANUARY SESSION, A.D. 2023
1212 ____________
1313
1414 A N A C T
1515 RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX
1616 RELIEF ACT
1717 Introduced By: Senators Rogers, de la Cruz, DeLuca, Paolino, E Morgan, and Pearson
1818 Date Introduced: February 01, 2023
1919 Referred To: Senate Finance
2020
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2222 It is enacted by the General Assembly as follows:
2323 SECTION 1. Section 16-7.2-4 of the General Laws in Chapter 16-7.2 entitled "The 1
2424 Education Equity and Property Tax Relief Act" is hereby amended to read as follows: 2
2525 16-7.2-4. Determination of state’s share. 3
2626 (a) For each district, the state’s share of the foundation education aid calculated pursuant 4
2727 to § 16-7.2-3(a) shall use a calculation that considers a district’s revenue-generating capacity and 5
2828 concentration of high-need students. The calculation is the square root of the sum of the state-share 6
2929 ratio for the community calculation, pursuant to § 16-7-20, squared plus the district’s percentage 7
3030 of students in grades PK-6 in poverty status squared, divided by two. 8
3131 (b) For purposes of determining the state’s share, school district student data used in this 9
3232 calculation shall include charter school and state school students. These ratios are used in the 10
3333 permanent foundation education aid formula calculation described in § 16-7.2-5. 11
3434 (c) In any given fiscal year, the total education aid paid to a local education agency, 12
3535 including distributed categorical funds, shall not be reduced by more than one percent (1%) of the 13
3636 municipal education appropriation to the local education agency in the previous fiscal year. 14
3737 SECTION 2. This act shall take effect upon passage. 15
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4444 EXPLANATION
4545 BY THE LEGISLATIVE COUNCIL
4646 OF
4747 A N A C T
4848 RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX
4949 RELIEF ACT
5050 ***
5151 This act would prohibit total education aid paid to any local education agency from being 1
5252 reduced by more than one percent (1%) of the municipal education appropriation in the previous 2
5353 fiscal year. 3
5454 This act would take effect upon passage. 4
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