2023 -- S 0066

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LC000951

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2023

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A N   A C T

RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX

RELIEF ACT

     

     Introduced By: Senators Rogers, de la Cruz, DeLuca, Paolino, E Morgan, and Pearson

     Date Introduced: February 01, 2023

     Referred To: Senate Finance

     It is enacted by the General Assembly as follows:

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     SECTION 1. Section 16-7.2-4 of the General Laws in Chapter 16-7.2 entitled "The

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Education Equity and Property Tax Relief Act" is hereby amended to read as follows:

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     16-7.2-4. Determination of state’s share.

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     (a) For each district, the state’s share of the foundation education aid calculated pursuant

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to § 16-7.2-3(a) shall use a calculation that considers a district’s revenue-generating capacity and

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concentration of high-need students. The calculation is the square root of the sum of the state-share

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ratio for the community calculation, pursuant to § 16-7-20, squared plus the district’s percentage

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of students in grades PK-6 in poverty status squared, divided by two.

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     (b) For purposes of determining the state’s share, school district student data used in this

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calculation shall include charter school and state school students. These ratios are used in the

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permanent foundation education aid formula calculation described in § 16-7.2-5.

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     (c) In any given fiscal year, the total education aid paid to a local education agency,

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including distributed categorical funds, shall not be reduced by more than one percent (1%) of the

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municipal education appropriation to the local education agency in the previous fiscal year.

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     SECTION 2. This act shall take effect upon passage.

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LC000951

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX

RELIEF ACT

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     This act would prohibit total education aid paid to any local education agency from being

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reduced by more than one percent (1%) of the municipal education appropriation in the previous

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fiscal year.

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     This act would take effect upon passage.

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