Implement K-12 Inflation

Updated specific dollar amounts for 'Basic Entitlement' funding for fiscal years 2026 and subsequent years for both high school and elementary districts based on student population size.

Adjusted the percentage of special education allowable cost payments included in the 'BASE aid' definition from 40% to 140%.

Revised inflation-adjusted dollar thresholds for additional funding per student (ANB) in elementary and junior high/middle school programs for fiscal year 2026.

Standardized formatting and numbering of definitions and removed draft markers to finalize the enrolled bill text.

Updated the 'Basic entitlement' definition to replace repeated 2024 dollar amounts with specific 2026 figures for high school, elementary, and middle school districts.

Added the bill title introduction section and updated the bill identifier to HB 15.1.

Reformatted the document structure to include line numbers and removed redundant page headers.

The definition of 'BASE budget' was modified to increase the percentage of the special education allowable cost payment included in the minimum general fund budget from 100% to 140%.

Specific dollar amounts for basic entitlements were updated for high school, elementary, and middle school districts to reflect inflationary adjustments for fiscal years 2026 and subsequent years.

Additional per-student funding increments for districts with larger Average Number of Beneficiaries (ANB) were adjusted to higher values for fiscal years 2026 and beyond.

Minor formatting and spacing adjustments were made throughout the text to align with standard enrolled bill formatting.

The bill number was changed from LC 0720 to HB 15.1, reflecting its progression from a legislative committee to the House floor.

The primary sponsors, D. Bedey and B. Barker, were added to the bill header to identify the legislators introducing the measure.

A label indicating this is an 'Authorized Print Version' was added to the page headers.