Plain English Breakdown
Checked against official source text during the last sync.
HB374: Changing the Base Student Allocation Amount
This bill changes the base student allocation amount to $7,290 and sets an effective date of July 1, 2026.
What This Bill Does
- Changes the base student allocation from $6,660 to $7,290.
- Amends Alaska Statute section 14.17.470 with this new amount.
- Sets July 1, 2026 as the date when these changes begin.
Who It Names or Affects
- Schools and students in the State of Alaska who receive base student allocation funding.
Terms To Know
- Base Student Allocation
- The specific dollar amount set by law for each student's basic education funding, which this bill changes to $7,290.
- Effective Date
- The day when the new rules in this bill officially start to work, which is July 1, 2026.
Limits and Unknowns
- The text does not explain how schools must spend the extra money.
- The source material does not state if other funding levels change at the same time.