AN ACT CONCERNING AN INCREASE OF THE FOUNDATION AMOUNT FOR PURPOSES OF THE EDUCATION COST-SHARING GRANT.

Plain English Breakdown

The bill summary and digest do not specify the exact impact of the increase in foundation amount on property tax relief or detailed changes to funding amounts.

Increase in Foundation Amount for Education Cost-Sharing Grants

This act increases the foundation amount used for education cost-sharing grants.

What This Bill Does

• Increases the foundation amount from $11,525 to $16,065.

Who It Names or Affects

• School districts that receive education cost-sharing grants.

Terms To Know

Foundation amount

The base funding level used to calculate how much money schools get from the state for education cost-sharing grants.

Education cost-sharing grant

Money given by the state to help pay for school expenses, shared between the state and local communities.

Limits and Unknowns

• The exact impact on property taxes is not specified.
• It does not detail how much money will be saved or who will benefit most from the changes.

Official Summary Text

To provide property tax relief.

Current Bill Text

LCO No. 237 1 of 1

General Assembly Proposed Bill No. 34
February Session, 2026 LCO No. 237

Referred to Committee on EDUCATION

Introduced by:
SEN. GORDON, 35th Dist.

AN ACT CONCERNING AN INCREASE OF THE FOUNDATION
AMOUNT FOR PURPOSES OF THE EDUCATION COST-SHARING
GRANT.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That subdivision (9) of section 10 -262f of the general statutes be 1
amended to redefine "foundation" by increasing the amount of the 2
foundation from eleven thousand five hundred twenty -five dollars to 3
sixteen thousand sixty-five dollars. 4
Statement of Purpose:
To provide property tax relief.