HB 6304 Summary

• Amends the State School Aid Act of 1979 to modify appropriations for public schools for fiscal years ending September 30, 2020 and 2021.

• Removes specific dollar amounts for fiscal year 2021 appropriations from the state school aid fund, general fund, and community district education trust fund, replacing them with blank amounts to be determined.

• Eliminates appropriations from the talent investment fund, MPSERS retirement obligation reform reserve fund, and water emergency reserve fund for fiscal year 2021.

• Makes technical corrections replacing "shall" with "must" throughout section 17b regarding payment installment procedures and district fund advances.

• Clarifies that general fund allocations must be expended before state school aid fund money, with unexpended allocations transferred to the school aid stabilization fund.