HB 22-1390 Summary

• Sets statewide base per-pupil funding at $7,478.16 for the 2022-23 budget year, consisting of $7,225.28 plus $252.88 for inflation adjustment.

• Establishes minimum total program funding for all districts and charter schools at $8,422,216,159 for 2022-23 after application of the budget stabilization factor, with mid-year revisions based on actual enrollment and valuations.

• Transfers $300 million from the general fund to the state education fund on July 1, 2022, to support school financing.

• Prohibits public schools from using American Indian mascots one year after notification by the commission, with monthly fines of $25,000 for non-compliance.

• Modifies concurrent enrollment (ASCENT) program to allow local education providers to designate students as participants instead of the department, reduces prior coursework requirement from 12 to 9 credit hours, and eliminates tuition repayment requirements for students.