An Act to fix the chapter 70 inflation adjustment
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill addresses adjustments to Chapter 70 education funding in Massachusetts to account for inflation. It aims to ensure that student financial aid and school resources keep pace with rising costs. The bill seeks to revise the current inflation adjustment formula used to calculate these funding levels. Specifically, it proposes a method for incorporating inflation data to better reflect the true cost of education.
Key provisions
- Revises the Chapter 70 inflation adjustment formula.
- Aims to increase education funding to account for inflation.
- Incorporates a method for using inflation data in funding calculations.
- Addresses adjustments for student financial aid.
Who is affected
- Students in Massachusetts public schools
- School districts in Massachusetts
- The Massachusetts Department of Education
- Families receiving Chapter 70 funding
Notable changes
- Updates the way inflation impacts Chapter 70 funding.
- Potentially increases the amount of funding available to schools and students.
Bill text
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Sponsors
Official sponsors from legislative records.
34 on record
Primary sponsor
Cosponsors
Antonio F. D. Cabral
Carmine Lawrence Gentile
Christopher Richard Flanagan
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