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IA SSB3100
SB
AI Summary
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State percent of growth for the budget year beginning July 1, 2026, is set at 1.75%, down from 2% in 2025 and 2.5% in 2024.
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Categorical state percent of growth for the budget year beginning July 1, 2026, is also set at 1.75%, following the same declining pattern from prior years.
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Property tax replacement payment provisions are modified, with appropriations from the general fund continuing for fiscal years beginning on or after July 1, 2024, to make school district property tax replacement payments.
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The bill requires future state and categorical percents of growth to be established by statute within 30 days of the governor's budget transmission during the regular legislative session beginning in the base year.
Legislative Description
A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2026, modifying provisions relating to property tax replacement payments, the regular program state cost per pupil, funding for school district budget adjustments, and school district enrollment, and including effective date and applicability provisions.(See SF 2201.)
Last Action
Committee report approving bill, renumbered as SF 2201.
2/4/2026