AN ACT TO AMEND TITLE 14 OF THE DELAWARE CODE RELATING TO DIVISION III EQUALIZATION FUNDING.

This Act sunsets the committee that reviews and makes recommendations on the equalization formula for school districts under § 1707(i) of Title 14 (§ 1707(i) committee) because the Public Education Funding Commission (PEFC), established under House Concurrent Resolution No. 2 (153rd General Assembly), is currently handling the functions under § 1707(i). The PEFC recommendations will include both how to equalize school funding and how to address equalization in the future. In addition, almost all of the members of the § 1707(i) committee are members of the PEFC but the membership of the PEFC also includes stakeholders who are not on the § 1707(i) committee. The PEFC is holding public meetings to discuss and make recommendations on the equalization formula and how to periodically review the formula.