School district seasonal tax base replacement aid established, and money appropriated.

Summary

The bill adds a new state aid program called seasonal tax‑base replacement aid for school districts whose seasonal property tax base is low, defines how districts qualify and how the aid is calculated, and appropriates $3,422,000 for the 2027 fiscal year. It also updates the formula for general education aid in the statutes. The aid must be used to reduce each district’s referendum levy.

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