Rhode Island 2023 Regular Session

Rhode Island Senate Bill S0066 Latest Draft

Bill / Introduced Version Filed 02/01/2023

                             
 
 
 
2023 -- S 0066 
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LC000951 
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S TATE  OF RHODE IS LAND 
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 
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: 
SECTION 1. Section 16-7.2-4 of the General Laws in Chapter 16-7.2 entitled "The 1 
Education Equity and Property Tax Relief Act" is hereby amended to read as follows: 2 
16-7.2-4. Determination of state’s share. 3 
(a) For each district, the state’s share of the foundation education aid calculated pursuant 4 
to § 16-7.2-3(a) shall use a calculation that considers a district’s revenue-generating capacity and 5 
concentration of high-need students. The calculation is the square root of the sum of the state-share 6 
ratio for the community calculation, pursuant to § 16-7-20, squared plus the district’s percentage 7 
of students in grades PK-6 in poverty status squared, divided by two. 8 
(b) For purposes of determining the state’s share, school district student data used in this 9 
calculation shall include charter school and state school students. These ratios are used in the 10 
permanent foundation education aid formula calculation described in § 16-7.2-5. 11 
(c) In any given fiscal year, the total education aid paid to a local education agency, 12 
including distributed categorical funds, shall not be reduced by more than one percent (1%) of the 13 
municipal education appropriation to the local education agency in the previous fiscal year. 14 
SECTION 2. This act shall take effect upon passage. 15 
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LC000951 - Page 2 of 2 
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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This act would prohibit total education aid paid to any local education agency from being 1 
reduced by more than one percent (1%) of the municipal education appropriation in the previous 2 
fiscal year. 3 
This act would take effect upon passage. 4 
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