amend provisions pertaining to the School Finance Accountability Board, and the process by which a recommendation of the board is approved.
Signed by the Governor
Summary
The bill establishes a five‑member School Finance Accountability Board within the Department of Education and gives it authority to recommend waivers of state‑aid reductions and penalties for school districts that can show special circumstances. The board’s recommendations must be reviewed, possibly revised, and approved by the Joint or Interim Committee on Appropriations. It also sets rules for how districts can request waivers and what factors the board must consider.
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