An Act to fix the chapter 70 inflation adjustment
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to adjust how Chapter 70 education funding accounts for inflation. Currently, the Chapter 70 formula may not fully reflect rising costs, potentially leading to insufficient funding for schools and students. The bill seeks to correct this by incorporating a more accurate inflation adjustment into the calculation of school aid. This would ensure that funding levels keep pace with the increasing expenses associated with providing education.
Key provisions
- Adjusts the Chapter 70 funding formula to account for inflation.
- Aims to provide more accurate and sufficient funding for schools.
- Addresses potential underfunding due to inflation.
- Specifically targets the Chapter 70 education funding mechanism.
Who is affected
- Students
- Schools
- School districts
- Massachusetts residents
Notable changes
- The bill proposes a change to the existing Chapter 70 funding formula.
- It seeks to move away from a potentially outdated method of accounting for inflation.
Bill text
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Sponsors
Official sponsors from legislative records.
23 on record
Primary sponsor
Cosponsors
Jacob R. Oliveira
James B. Eldridge
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