The bill amends the State School Aid Act of 1979, specifically section 11, to appropriate funds for public schools and related educational purposes for the fiscal years ending September 30, 2025, and September 30, 2026. For the fiscal year 2025, a total of $17,769,551,300.00 is allocated from the state school aid fund, along with additional amounts from various funds including the general fund and community district education trust fund. For the fiscal year 2026, the bill appropriates $65,000,000.00 from the state school aid fund and smaller amounts from other specified funds, with all available federal funds also being allocated for both fiscal years.

Additionally, the bill specifies that general fund allocations must be used before any funds from the state school aid fund are expended. It also includes a provision that any unspent general fund allocations at the end of the fiscal year will be transferred to the school aid stabilization fund. The bill introduces new legal language to clarify these appropriations and allocations, while deleting references to a singular fiscal year, thereby extending the appropriations to cover two fiscal years.

Statutes affected:
Senate Introduced Bill: 388.1611