Montana HB266 revises annual inflation-related adjustments to K-12 base aid to align with the definition of "basic system of free quality public.
Montana HB266 amends the annual inflation-related adjustments to K-12 base aid to improve alignment with the definition of "basic system of free quality public elementary and secondary schools" provided in section 20-9-309, MCA. It ensures that the general fund funding formula is self-executing and includes a mechanism for accurate annual inflationary adjustments. The bill establishes a process for calculating the inflation factor, which is applied to both years of the 2025 biennium, not to exceed 3% in each year.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.