HB 6302 Summary

• Amends the State School Aid Act of 1979 to modify appropriations for fiscal year ending September 30, 2021, with blank dollar amounts requiring future specification for public schools, community colleges, and higher education.

• Removes appropriations for certain funding sources including the talent investment fund, MPSERS retirement obligation reform reserve fund, and water emergency reserve fund that were included in the 2020 fiscal year budget.

• Changes statutory language throughout the act from "shall" to "must" in sections governing payment schedules, grant distributions, and fund advances to districts and intermediate districts.

• Eliminates detailed allocations to 28 individual community colleges and 15 public universities, replacing specific dollar amounts with blank lines pending budget finalization.

• Removes fiscal year 2020-2021 appropriations for public universities' MPSERS reimbursement ($11,695,000), state and regional programs, Martin Luther King Jr. programs, and various financial aid programs pending future specification.