Senate Bill No. [insert bill number] aims to clarify the authority of the Montana Legislature to provide school funding inflationary adjustments that differ from those currently calculated to determine the present law base. The bill amends Section 20-9-326 of the Montana Code Annotated (MCA) to allow the legislature to make inflationary adjustments beyond the standard calculations and the 3% cap that is currently in place. This change is intended to give the legislature more flexibility in appropriating funds for education based on varying economic conditions.

The specific amendments include the insertion of language that explicitly states the legislature may provide by law inflationary adjustments that exceed the calculations outlined in the existing law. This provision is designed to enhance the legislature's ability to respond to inflationary pressures and ensure adequate funding for schools, thereby potentially improving educational resources and services.

Statutes affected:
LC Text: 20-9-326
SB0258_1(1): 20-9-326
SB0258_1(2): 20-9-326
SB0258_1: 20-9-326