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House hears HB 266 to adjust how K‑12 inflationary increases are calculated
Summary
Representative Luke Miskiewicz said HB 266 would revise the statutory method for calculating the K‑12 inflationary adjustment so that school funding better keeps pace with actual inflation; proponents said the bill is a means to prevent a growing multi‑million dollar gap, opponents urged deferral to the decennial funding study and cautioned on fiscal exposure.
Representative Luke Miskiewicz presented House Bill 266 as a complementary measure to HB 265, explaining that HB 266 changes how the inflationary adjustment for K‑12 base aid is calculated and reported. Sponsor materials included Legislative Fiscal Division analysis showing the three‑year average statutory calculation was…
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