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RI H8157

Bill

Official Source

Status

Introduced

2/27/2026

Primary Sponsor

Justine Caldwell

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Increases the poverty loss stabilization fund payout from 50% to 75% of the difference in permanent foundation education aid received from the prior year

  • Applies to school districts experiencing a decline in state share ratio of more than 2.0% from the prior year

  • Provides greater financial cushioning for districts that see significant drops in state funding due to changing poverty calculations

  • Takes effect immediately upon passage

Legislative Description

Amends the determination of the state's share statute by amending the calculation for the poverty loss stabilization fund.

Education

Last Action

Introduced, referred to House Finance

2/27/2026

Committee Referrals

Finance2/27/2026

Full Bill Text

No bill text available