HB 4047 Summary

• Deletes the district cost differential calculation from section 1011.62(2) of Florida Statutes, which previously used price level indices to adjust school funding allocations by district.

• Renumbers subsections and cross-references throughout section 1011.62 and 18 related statutes to reflect the removal of the district cost differential computation.

• Updates references to the district cost differential in various education programs including Florida Virtual School, McKay Scholarships, Voluntary Prekindergarten, class size requirements, and juvenile justice education programs.

• Conforms provisions in statutes governing school finance, Department of Revenue tax information sharing, and Florida College System institution funding to align with the structural changes.

• Takes effect July 1, 2016.