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

Plain English Breakdown

The official status shows the bill passed both chambers, but the last action listed is a referral to committee with no effective date provided in the text.

Increasing Education Funding Base Amount

This bill changes the law to raise a specific dollar amount used in calculating education grants for schools.

What This Bill Does

• Amends section 10-262f of the general statutes.
• Redefines the term 'foundation' within that statute by increasing the foundation amount from $11,525 to $16,065.

Who It Names or Affects

• School districts receiving education cost-sharing grants

Terms To Know

Foundation amount

A specific dollar figure used to calculate how much money schools receive from the state.

Education cost-sharing grant

State funding given to school districts based on a formula that includes the foundation amount.

Limits and Unknowns

• The bill text does not list an effective date for when this change begins.
• The source material states the purpose is property tax relief but does not explain how much each person will receive or who specifically pays less in taxes.

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.