Montana SB258 clarifies the legislature's authority to adjust school funding for inflation differently from the current law base.
Montana SB258 amends the school funding laws to clarify the legislature's authority regarding inflationary adjustments. It specifies how the consumer price index is used to calculate these adjustments for the first and second years of the biennium. The bill also allows the legislature to provide different inflationary adjustments than those calculated to determine the present law base, not exceeding 3% per year.
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