Loading chat...

RI S2373

Bill

Official Source

Status

Introduced

1/30/2026

Primary Sponsor

Walter Felag

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Regionalization bonus for regional school districts set at 2% of the state's share of foundation education aid beginning July 1, 2026 and continuing each fiscal year thereafter
  • Eliminates the previous phase-down structure where the bonus dropped to 1% in the second year and ended in the third year
  • Applies to regional school districts established under Chapter 3, including the Chariho Regional School District
  • Effective date: July 1, 2026

Legislative Description

Amends the Education Equity and Property Tax Relief Act to set the regionalization bonus at 2% of the state's share of foundation education aid for the fiscal year starting July 1, 2026, and for each year thereafter.

Education

Last Action

Introduced, referred to Senate Finance

1/30/2026

Committee Referrals

Finance1/30/2026

Full Bill Text

No bill text available