This bill amends the current law regarding the base student allocation in Alaska, increasing the amount from $6,660 to $7,290. This adjustment reflects a significant increase in funding aimed at supporting education within the state.

Additionally, the bill specifies that the new base student allocation will take effect on July 1, 2026. This timeline allows for the necessary adjustments and planning to be made by educational institutions in anticipation of the increased funding.

Statutes affected:
HB0374A, AM HB 374, introduced 03/04/2026: 14.17.470