Provide for military impact funding and change provisions relating to local formula resources under the Tax Equity and Educational Opportunities Support Act

Summary

The bill adds a "military impact" payment for districts that receive federal impact aid and serve students whose parents are on active duty, and it changes how local formula resources are calculated for future school years. It also revises certification deadlines for state aid, adjusts reserve‑percentage rules, repeals the old sections, and takes effect immediately as an emergency measure. The measure failed and was indefinitely postponed.

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