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House adopts education stabilization fund with amendment to set 2% reserve
Summary
The Utah House passed House Bill 378 to create an education stabilization fund intended to guarantee the value of the weighted pupil unit; a floor amendment reduced the reserve trigger from 4% to 2% and the bill passed the House 41–18 and moves to the Senate.
Salt Lake City — The Utah House on the floor passed House Bill 3 78 on a vote of 41–18 after adopting a floor amendment to change a surplus-reserve trigger from 4% to 2%.
Sponsor Representative Melvin R. Brown told the chamber HB 3 78 would create an education stabilization fund to help guarantee the value of the weighted pupil unit, a funding metric used to allocate state education…
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