AN ACT RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX RELIEF ACT

HB 5398 revises the state's education-aid formula, specifically impacting how funding is allocated to public school districts for high-need students. The bill modifies the "student success factor" by adding an additional multiplier to the calculation. It changes how students from low-income families (below 185% of federal poverty guidelines) are identified for funding, shifting to a measure based on SNAP participation starting in FY 2024. Additionally, it adjusts the funding factor for multilingual learners (MLLs) and requires the Department of Elementary and Secondary Education to develop recommendations for MLL student support.