WI AB835

Creates a $10 million annual grant program through the Higher Educational Aids Board for students in teacher preparatory programs, covering tuition, fees, and licensing costs, with grants capped at UW-Madison resident undergraduate rates and requiring recipients to commit to teaching in Wisconsin for at least 4 years after graduation.

Increases the state reimbursement rate for special education costs from approximately 42-45% to 90% of eligible costs beginning in the 2025-26 school year, changing the appropriation from a fixed amount to a sum sufficient.

Modifies school district revenue limits beginning in 2026-27 by replacing the fixed $325 per pupil adjustment with an inflation-adjusted formula tied to the consumer price index.

Maintains the current $325 per pupil revenue limit adjustment for the 2024-25 and 2025-26 school years before the inflation-indexed formula takes effect.