The proposed bill establishes the School Aid Formula Study Commission in West Virginia, aimed at revising the current school funding formula to ensure adequate and stable funding for public schools. The commission will consist of various members, including four current members of the state school board, selected by the chairman, and additional members appointed by the Governor, representing diverse stakeholders such as teachers, school personnel, parents, and both urban and rural school systems. The commission is tasked with investigating funding options and making specific recommendations to modernize the school aid formula, addressing challenges faced by public education, including declining enrollment and funding disparities exacerbated by the COVID-19 pandemic.

The commission will receive support from the state board of education and may seek assistance from other state government entities. Members will be reimbursed for expenses following legislative guidelines, and the commission is required to report its findings and recommendations to the Legislature by July 1, 2027. This initiative reflects a commitment to preserving community schools and ensuring that all West Virginia children have access to a quality free education.