Relating to: general equalization aids, supplemental hold harmless aid, the per pupil adjustment for school district revenue limits, and making an appropriation. (FE)

AB 495 adjusts Wisconsin's school funding system to protect districts from funding cuts between 2024 and 2025. It creates a "supplemental hold harmless aid" provision (20.255(2)(ab)) to ensure districts receiving higher state aid in 2024 retain that level in 2025-26. The bill also modifies per-pupil revenue limits, adding $325 for the 2023-24 and 2024-25 school years, and increases state funding appropriations by $493.8 million for 2025-26 and $699.9 million for 2026-27. These changes directly affect public school districts receiving state equalization aid.