HB 3277

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 3277 increases the basic allotment for public school funding under the Foundation School Program from $6,160 to $7,500 per student. It also introduces an annual adjustment for inflation based on the Consumer Price Index, ensuring the per-student allotment grows over time. Additionally, the bill modifies the formula for the state's guaranteed yield on local tax revenue, linking it to the updated basic allotment amount​.
Author (1)
Vincent Perez
Related Legislation
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