If enacted, the bill would make a district in a city of at least one million people eligible for charter payment aid starting April 1, 2027.
A school district in a city with at least one million people would be eligible for state aid tied to charter school payments. The amount would use whichever of two calculations is larger.
The bill would provide that a covered school district is eligible for a state aid payment. This applies to a school district in a city with a population of at least one million. The payment would use whichever is larger: the sum of the calculations in paragraphs (a), (b), and (c), or the calculation in paragraph (e). The act would take effect April 1, 2027. If it becomes law after that date, it would take effect then and be treated as in force starting April 1, 2027.
No hearings or votes scheduled.