A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2026, modifying provisions relating to property tax replacement payments, the regular program state cost per pupil, funding for school district budget adjustments, and school district enrollment, and including effective date and applicability provisions.

SSB 3100 establishes a 1.75% state percent of growth for school funding starting in the 2026 budget year (July 1, 2026), with a separate 1.75% categorical growth rate for specialized programs like transportation equity aid. It modifies how school districts calculate property tax replacement payments by basing them on weighted student enrollment and a formula comparing current and 2021 per-pupil costs, plus a fixed $153 base amount. This directly affects all Iowa public school districts receiving state funding, as it determines their annual property tax replacement payments. The bill sets the framework for future funding adjustments, requiring annual legislative action to set new growth rates after 2026.