Illinois SB3675 mandates a study on equitable education funding by the State Board of Education.
Illinois SB3675 directs the State Board of Education, in cooperation with the Department of Revenue, to conduct a study on education funding reform. The goal is to adopt a system that controls costs while creating a more equitable funding system. The study will explore the feasibility of a statewide shared funding system where local school districts propose budgets, which are approved by voters and funded by a statewide property tax fund instead of local property taxes. The Board must submit its report to the Governor and the General Assembly by December 31, 2026.
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