Senate Bill 828 proposes several amendments to existing laws regarding school district revenue limits, special education reimbursement rates, and the establishment of a grant program for students in teacher education programs. Notably, the bill modifies the per pupil revenue adjustment for school districts, transitioning from a fixed $325 increase to a variable adjustment based on the previous year's per pupil amount and the consumer price index starting in the 2026-27 school year. Additionally, the reimbursement rate for special education costs will increase to 90% of eligible costs after the state covers costs for children in hospitals and convalescent homes, beginning in the 2025-26 school year.

The bill also introduces a new grant program administered by the Higher Educational Aids Board, which will provide financial assistance to students enrolled in teacher preparatory programs. Grants can cover tuition, fees, and licensing expenses, capped at the amount charged to a resident undergraduate student at the University of Wisconsin-Madison. To qualify for the grant, students must commit to teaching in Wisconsin for at least four years after graduation. The bill aims to enhance support for education funding and incentivize future educators to work within the state.

Statutes affected:
Bill Text: 20.255(2)(b), 20.255, 115.882, 121.905(3)(c)6, 121.905, 121.905(3)(c)9, 121.91(2m)(i)(intro.), 121.91, 121.91(2m)(j)(intro.), 121.91(2m)(j)2m, 121.91(2m)(r)1.(intro.), 121.91(2m)(r)1.b