The bill aims to analyze and improve the annual inflation-related adjustments to K-12 base aid in Montana, ensuring better alignment with the definition of a "basic system of free quality public elementary and secondary schools." It introduces a process for ensuring access to information regarding educationally relevant and accurate annual inflationary adjustments. The bill also establishes that the present law base for entitlements will consist of enrollment changes and an inflation factor, not exceeding 3% per year, while allowing for additional inflationary adjustments recommended by the superintendent or the governor.
Furthermore, the bill mandates the superintendent of public instruction to provide detailed reports on funding increases and consumer price index changes every even-numbered fiscal year, starting in 2026. These reports will include comparisons of funding on a per-ANB basis and percentage changes in the consumer price index over the past five years. The bill is set to take effect on July 1, 2025, and includes provisions for coordination with another Senate bill, rendering it void if both are passed.
Statutes affected: LC Text: 20-9-326
HB0266_1(1): 20-9-326
HB0266_1(2): 20-9-326
HB0266_1(3): 20-9-326
HB0266_1(4): 20-9-326
HB0266_1(5): 20-9-326
HB0266_1(6): 20-9-326
HB0266_1(7): 20-9-326
HB0266_1: 20-9-326
HB0266_2(1): 20-9-326
HB0266_2(10): 20-9-326
HB0266_2(11): 20-9-326
HB0266_2(12): 20-9-326
HB0266_2(13): 20-9-326
HB0266_2(2): 20-9-326
HB0266_2(3): 20-9-326
HB0266_2(4): 20-9-326
HB0266_2(5): 20-9-326
HB0266_2(6): 20-9-326
HB0266_2(7): 20-9-326
HB0266_2(8): 20-9-326
HB0266_2(9): 20-9-326
HB0266_2: 20-9-326
HB0266_3(1): 20-9-326
HB0266_3(10): 20-9-326
HB0266_3(11): 20-9-326
HB0266_3(12): 20-9-326
HB0266_3(13): 20-9-326
HB0266_3(14): 20-9-326
HB0266_3(15): 20-9-326
HB0266_3(16): 20-9-326
HB0266_3(17): 20-9-326
HB0266_3(18): 20-9-326
HB0266_3(19): 20-9-326
HB0266_3(2): 20-9-326
HB0266_3(20): 20-9-326
HB0266_3(21): 20-9-326
HB0266_3(22): 20-9-326
HB0266_3(23): 20-9-326
HB0266_3(24): 20-9-326
HB0266_3(25): 20-9-326
HB0266_3(26): 20-9-326
HB0266_3(3): 20-9-326
HB0266_3(4): 20-9-326
HB0266_3(5): 20-9-326
HB0266_3(6): 20-9-326
HB0266_3(7): 20-9-326
HB0266_3(8): 20-9-326
HB0266_3(9): 20-9-326
HB0266_3: 20-9-326
HB0266_4(1): 20-9-326
HB0266_4(10): 20-9-326
HB0266_4(2): 20-9-326
HB0266_4(3): 20-9-326
HB0266_4(4): 20-9-326
HB0266_4(5): 20-9-326
HB0266_4(6): 20-9-326
HB0266_4(7): 20-9-326
HB0266_4(8): 20-9-326
HB0266_4(9): 20-9-326
HB0266_4: 20-9-326
HB0266_X(1): 20-9-326
HB0266_X(2): 20-9-326
HB0266_X(3): 20-9-326
HB0266_X(4): 20-9-326
HB0266_X(5): 20-9-326
HB0266_X(6): 20-9-326
HB0266_X(7): 20-9-326
HB0266_X(8): 20-9-326
HB0266_X: 20-9-326