HB0271H3001

Adopted

Amendment to HB0271 — Common school account-spending policy amount.

Sponsor:

Chamber: House

Stage: 3rd Reading

What does this amendment do?

This amendment modifies the spending policy amount for the common school account by changing the percentage rate and adding a differentiated rate for fiscal year 2026.

Changes the annual spending policy percentage from a flat 4.5% to a tiered rate: 4.75% for fiscal year 2026 and 4.5% for each fiscal year thereafter. (Page 4, lines 6-7)

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