Relating to: supplemental state aid for consolidated school districts. (FE)

AB 648 provides supplemental state aid to school districts formed by consolidation after July 1, 2026. It directly affects these newly consolidated districts by determining eligibility based on property tax rates: if their projected tax rate after consolidation exceeds the lowest rate of the original districts, they qualify for aid. The aid amount is calculated as the difference between the projected tax rate and the lowest original rate, multiplied by the district's property valuation. Payments are phased over four years (100% in the first year, then 80%, 60%, and 40% in subsequent years) if state funds are sufficient.