HB 1225 Summary

• Amends North Dakota's education foundation aid formula by changing the per-pupil payment amounts from $9,839 (2019-20) to $10,036 (2021-22) and maintains $10,036 for 2022-23 and thereafter.

• Shifts the school year baseline calculation periods, moving key reference dates from 2019-20 to 2021-22 and from 2020-21 to 2022-23 for determining state aid calculations.

• Removes a provision that capped state aid increases at 12 percent year-over-year for property tax deductions, effective after June 30, 2025.

• Provides two versions of the statute: one effective through June 30, 2025, and another effective thereafter, allowing for a transition period in the funding formula implementation.

• Maintains existing deductions from state aid including 60 mills for property taxes and 75 percent of specified revenue types, with adjustments for tuition and sinking/interest fund levies.