House Bill 595 Summary

• Amends Idaho Code Section 33-1001 to renumber 19 existing definitions and add a new definition for "outcomes-based funding" tied to student achievement in mathematics and career technical education credentials.

• Modifies Section 33-1002 to allocate outcomes-based funding through two components: 60% for mathematics proficiency and growth in grades 5-8, and 40% for secondary outcomes including graduation rates and attainment of postsecondary credentials.

• Establishes minimum funding levels of $10,000 for districts serving grades 5-8 and $6,000 for districts serving grades 9-12 under outcomes-based funding.

• Requires the state to increase outcomes-based funding by 10% annually from July 1, 2025 through fiscal year 2028, with legislative review of the program during the 2028 session and every five years thereafter.

• Declares an emergency and makes the act effective July 1, 2024.