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Bill would let Legislature exceed 3% inflation cap when setting school funding
Summary
Senate Bill 258 would clarify that the Legislature may provide, by law, inflationary adjustments beyond a statutory 3% cap when allocating school funding; proponents said it would help districts respond to rising costs and a method to compute the inflation factor is included.
Senator Laura Smith opened the hearing on Senate Bill 258, saying the bill recognizes the Legislature’s authority to provide inflationary adjustments beyond a statutory 3% cap and would give lawmakers a method to calculate an inflation factor when setting school funding.
"What it does is it takes a look at that 3% cap and recognizes the legislature is able to exercise its own…
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