The bill amends Section 20-9-326 of the Montana Code Annotated to clarify the legislature's authority regarding school funding inflationary adjustments. Specifically, it allows the legislature to provide inflationary adjustments that differ from those calculated under the existing law, which are capped at 3% per year. The new legal language inserted into the bill states that the legislature may enact adjustments beyond the 3% limit, thereby granting it greater flexibility in determining school funding.

Additionally, the bill outlines the method for calculating the inflation factor for basic and per-ANB entitlements, which is based on the consumer price index. This calculation is essential for preparing the agency budget and determining the total special education allocation. The amendment aims to ensure that the legislature has the authority to respond to inflationary pressures in a manner that may better support educational funding needs.

Statutes affected:
LC Text: 20-9-326
SB0258_1(1): 20-9-326
SB0258_1(2): 20-9-326
SB0258_1(3): 20-9-326
SB0258_1(4): 20-9-326
SB0258_1(5): 20-9-326
SB0258_1: 20-9-326
SB0258_X(1): 20-9-326
SB0258_X(2): 20-9-326
SB0258_X(3): 20-9-326
SB0258_X(4): 20-9-326
SB0258_X(5): 20-9-326
SB0258_X: 20-9-326