School District Taxation Amendments
HB 300 extends a 5-year "hold harmless" period for school districts that reduce their tax rates due to changes in property valuation. This protects districts from losing state funding guarantees if they proportionally lower all local tax levies (voted, board, and capital). The bill phases out excess state funding received in 2025 over three years (2026-2028), requiring districts to gradually reduce payments until 2029. It does not appropriate new funds but adjusts how existing state guarantee money is distributed to maintain stability during tax rate changes.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
House Passage
Mar 2026
Senate Passage
Feb 2026
Signed into Law
Mar 2026
Introduced Jan 21, 2026
Signed Mar 19, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
Amended Excerpts 2/27/2026 15:02:913
→
Amended 2/27/2026 15:02:913
·
4 edits
MODERATE
The document format changed from a partial excerpt to a complete bill with a new title page and detailed long-form text. The substantive policy content regarding school district funding definitions and guarantee calculations was completely rewritten and reorganized, though the core legal concepts appear to remain consistent with the previous version.
Scope change
The bill's scope is now fully defined with specific definitions for various local levies and a detailed calculation method for state guaranteed funding increments, replacing the previous excerpted text.
TECHNICAL
Added a complete title page with sponsor information, general description, and money appropriation details.
Removed the partial amendment notation and the specific line-by-line deletion markers from the original excerpt.
DEFINITION
Replaced the previous excerpted text with a full statutory section defining terms like 'excess funds' and 'capital local levy'.
FISCAL
Reorganized the funding guarantee rules to specify a $43.10 per pupil unit baseline and a 20-increment cap.
Floor votes · Senate Feb 27, 2026 · House Feb 10, 2026
How they voted
24–1
Passed · 4 other
Total votes 29
Feb 27, 2026
D
Democratic6
83% Yea
N
Forward1
0% Nay
R
Republican22
86% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
48
Key actions
10
Committee
6
Amendments
3
Mar 19, 2026
Signed into law
Governor Signed
executive
Mar 4, 2026
Lower · Passed
House/ signed by Speaker/ sent for enrolling
lower
Mar 4, 2026
Lower · Passed
Senate/ signed by President/ returned to House
lower
Mar 3, 2026
Upper · Passed
House/ concurs with Senate amendment
upper
Feb 27, 2026
Introduced
Senate/ to House with amendments
lower
Feb 27, 2026
Lower · Passed
Senate/ passed 3rd reading
lower
Feb 27, 2026
Introduced
Senate/ floor amendment
upper
Feb 23, 2026
Upper · Passed
Senate/ committee report favorable [Senate Revenue and Taxation Committee]
upper
Feb 23, 2026
Upper · Passed
Senate Comm - Favorable Recommendation [Senate Revenue and Taxation Committee]
upper
Feb 20, 2026
Committee
Senate/ to standing committee [Senate Revenue and Taxation Committee]
upper
Feb 12, 2026
Introduced
Senate/ 1st reading (Introduced)
upper
Feb 10, 2026
Upper · Passed
House/ passed 3rd reading
upper
Jan 30, 2026
Lower · Passed
House/ committee report favorable [House Revenue and Taxation Committee]
lower
Jan 29, 2026
Lower · Passed
House Comm - Favorable Recommendation [House Revenue and Taxation Committee]
lower
Jan 28, 2026
Committee
House/ to standing committee [House Revenue and Taxation Committee]
lower
Jan 21, 2026
Introduced
House/ 1st reading (Introduced)
lower
1 primary · 1 co-sponsor
Sponsors
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