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Senate education panel advances student-weighted funding bill, effective 2025
Summary
The Senate Education Committee voted to advance HB 16 89, a bill to replace the state's school funding matrix with a student-weighted funding model modeled on Tennessee; specifics of 23 proposed weights will be set by the education committees during the adequacy process and the bill is slated to become effective in 2025.
An education funding overhaul that would replace the state's current matrix with a student-weighted formula cleared the Senate Education Committee on a voice vote after its sponsor described the measure as a working model based on Tennessee.
Unidentified presenter (the representative who introduced HB 16 89) told the committee the current matrix "was a failure" and said the proposal would "set up a process to structure for the house and senate education committee" a new funding approach that gives each child a unique funding amount. He noted the bill would…
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