This bill amends several sections of the Reissue Revised Statutes of Nebraska to introduce military impact funding for school districts and to modify provisions related to local system formula resources under the Tax Equity and Educational Opportunities Support Act. Specifically, it establishes a new section that outlines the calculation and distribution of military impact funding for school fiscal years starting from 2025-26. The funding is intended for districts that provide education to federally connected children whose parents are active duty military personnel. The calculation involves determining per-pupil federal impact aid and general fund tax levy amounts, with specific provisions for districts that may not receive sufficient funding.
Additionally, the bill updates various certification dates and requirements for state aid calculations, including changes to local system formula resources and budget authority for school districts. It specifies that any certifications made prior to the effective date of the act for the 2025-26 school fiscal year are null and void. The bill also mandates that the Appropriations Committee include necessary funding amounts in its annual recommendations to the Legislature. The act is declared an emergency measure, taking effect immediately upon passage and approval.
Statutes affected: Introduced: 79-1001, 79-1017.01, 79-1022, 79-1022.02, 79-1023, 79-1027, 79-1031.01