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CT HB05076
Bill
Status
2/9/2026
Primary Sponsor
Mitch Bolinsky
Click for details
AI Summary
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Increases the Education Cost Sharing (ECS) grant formula "foundation" amount from $11,525 to $18,681, phased in over a five-year period
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Adds an inflation adjustment provision to automatically update the foundation amount going forward
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Authorizes municipalities to lower their property tax rates by an amount equal to the increase in equalization aid grant funding they receive
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Amends Section 10-262f of the general statutes to redefine the "foundation" calculation used in distributing state education aid
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Aims to provide local property tax relief by increasing state education funding to municipalities
Legislative Description
An Act Concerning The Rebasing Of The Education Cost Sharing Grant Formula For Purposes Of Property Tax Relief.
Last Action
Referred to Joint Committee on Education
2/9/2026