Why 3/5: The changes to the school funding formula take effect in 2026, allowing time for planning.
This bill changes how local school divisions' ability to pay for public education is calculated, potentially altering the amount of state funding they receive. Starting July 1, 2026, the value of tax-exempt properties owned by certain disabled veterans or surviving military spouses will be excluded from the calculation of the composite index.
Filed
Prefiled and ordered printed; Offered 01-14-2026 26104122D
Referred to committee
Referred to Committee on Appropriations
Referred to committee
Assigned HAPP sub: Elementary & Secondary Education
Update
Left in Committee Appropriations
This bill is moving through the General Assembly. There's a moment to weigh in at every stage — and we'll point you to it.
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Summarized from the official bill text (“Public school funding; composite index of local ability-to-pay; calculation.”) · Read the actual bill →