LD 130
Session - 126th Maine Legislature
LR 627
Item 1
Bill Tracking, Additional Documents Chamber Status

An Act To Stabilize Education Funding by Reducing the Impact of Changes in Property Valuation


This bill is a concept draft pursuant to Joint Rule 208.

This bill proposes to stabilize state funding for education by requiring the property fiscal capacity component of the essential programs and services funding formula to be based on a rolling 5-year average of the property values of a municipality included in a school administrative unit.

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