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GA SB44
Bill
Status
5/14/2025
Primary Sponsor
Sam Watson
Click for details
AI Summary
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Reduces the minimum millage rate required for local school systems to qualify for state equalization grants from 14 mills to 10 mills, effective July 1, 2025
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Imposes a 25% reduction in equalization grant funding for school systems that decrease their millage rate below the 10-mill minimum after their grant has been calculated for the fiscal year
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Requires the Department of Education to prepare annual reports on equalization grants, including initial grant amounts, midterm adjustments, and 10-year grant totals for each local school system
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Mandates identification of school systems receiving equalization grants while maintaining millage rates below 10 mills
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Annual reports must be submitted by September 1 to legislative appropriations and education committee chairs, plus budget office directors
Legislative Description
Equalization Grants, Annual Calculations, and Allocation; the definition of the term "qualified local school system" by reducing the minimum required millage rate; revise
Last Action
Effective Date 2025-07-01
5/14/2025