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

HB 8157 changes how the state calculates its contribution to the poverty loss stabilization fund, which supports school districts serving high-poverty communities. It amends the state's share statute to adjust the formula used for determining funding levels. This directly affects school districts in low-income areas that rely on this fund to offset revenue shortfalls. The key provision modifies the calculation method, potentially altering the amount of state aid these districts receive. The bill is currently in the early stages of the legislative process.