The bill amends the State School Aid Act of 1979 by updating sections 11 and 17b, which pertain to the appropriations for public schools and the distribution of funds. Notably, the bill specifies appropriations for the fiscal year ending September 30, 2026, including a sum of $100.00 from various funds such as the state school aid fund, general fund, school consolidation and infrastructure fund, and others. The previous amounts allocated from these funds have been deleted, indicating a significant reduction in appropriations compared to prior fiscal years.

Additionally, the bill modifies the payment process for districts and intermediate districts by mandating that grant payments must be paid according to a specified installment schedule. It also allows for adjustments in payments due to changes in law or errors in computation. Furthermore, the bill introduces provisions for advance releases of funds upon written request from a district or intermediate district, with the requirement that such advances cannot be made more than 30 days prior to the established payment date.

Statutes affected:
House Introduced Bill: 388.1611, 388.1617