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SD 2339

An Act relative to Chapter 70 inflation relief

194th Legislature (2025-2026) Introduced by Pavel Payano

SD 2339 - An Act relative to Chapter 70 inflation relief OverviewBill Number: SD 2339 Title: An Act relative to Chapter 70 inflation relief Status: House concurred Introduced: F

House concurred
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Bill Summary · SD 2339

SD 2339 - An Act relative to Chapter 70 inflation relief

Overview

Bill Number: SD 2339
Title: An Act relative to Chapter 70 inflation relief
Status: House concurred
Introduced: February 27, 2025

Purpose and Intent

This proposed legislation aims to provide financial relief to school districts facing significant cost increases due to high inflation. The bill seeks to update the Chapter 70 education funding formula to account for the impact of rising prices on school budgets, ensuring that districts can maintain essential programs and services for students.

Key Provisions

  • Adjusts the Chapter 70 foundation budget to include an automatic annual inflation factor, tied to the Consumer Price Index (CPI)
  • Increases the state's share of Chapter 70 funding to cover 60% of the new inflation-adjusted foundation budget, up from the current 50% level
  • Establishes a one-time $250 million supplemental appropriation to help school districts address immediate inflationary pressures in the current fiscal year
  • Requires the Department of Elementary and Secondary Education to review the Chapter 70 formula every 3 years and recommend updates to the inflation factor

Affected Parties and Impacts

  • Public K-12 school districts across the state would benefit from the increased and inflation-adjusted Chapter 70 funding, allowing them to maintain educational programs and services
  • Taxpayers may see a modest increase in state education funding, but the bill aims to prevent more significant local property tax hikes to support school budgets
  • Students would indirectly benefit from their school districts' ability to retain teachers, staff, and critical programs in the face of rising costs

Procedural and Timeline Considerations

The bill has passed the state Senate and is currently under consideration in the House of Representatives. If the House concurs with the Senate version, the legislation will be sent to the Governor for signature. If signed into law, the new Chapter 70 inflation adjustment and supplemental funding would take effect starting in the next fiscal year.

Compiled from official sources — confirm details with the bill’s official record.

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