The bill amends Section 16-7.2-6 of the General Laws under "The Education Equity and Property Tax Relief Act" to introduce a new section titled "Categorical programs, state funded expenses." This section mandates that, effective with the fiscal year 2027 budget, the General Assembly shall ensure that transportation categorical funds between the state and regional school districts are fully funded in an amount equal to what is both intended and provided for under this subsection. This requirement aims to protect the interests of regional school districts and advance their educational missions. The act will take effect upon passage.

Statutes affected:
7681: 16-7.2-6