The bill amends section 79-1003 of the Reissue Revised Statutes of Nebraska, which relates to the Tax Equity and Educational Opportunities Support Act. A significant change is the redefinition of "free lunch and free milk calculated students," specifically removing the phrase "one hundred ten percent of" from the calculation method for schools that provide free meals to all students under the community eligibility provision. This adjustment aims to clarify the criteria for determining the number of students eligible for free lunch and milk, ensuring that the count aligns with the total number of students qualified for free meals.

Furthermore, the bill includes a provision to repeal the original section 79-1003, indicating a comprehensive update to the definitions and calculations used in the Act. By redefining key terms related to educational funding, such as "state aid" and "very sparse local system," the bill seeks to enhance the accuracy and effectiveness of funding mechanisms established under the Tax Equity and Educational Opportunities Support Act, ultimately benefiting local school systems in Nebraska.

Statutes affected:
Introduced: 79-1003