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SB25-223

Mill Levy Equalization & Institute Charter Schools

Type Bill
Session 2025 Regular Session
Subjects
Education & School Finance (Pre & K-12)

Concerning measures to calculate mill levy equalization to determine the distribution of mill levy equalization funding to institute charter schools, and, in connection therewith, reducing an appropriation.

Bill Summary:

Beginning with the 2025-26 budget year, and each budget year thereafter, the state charter school institute (institute) shall not distribute a portion of its appropriated mill levy equalization funds to multi-district online schools that are authorized by the institute.

Beginning in the 2024-25 budget year, if the institute receives additional mill levy revenue from a school district for an institute charter school within the geographic boundary of the school district, the general assembly shall deduct the additional mill levy revenue from the amount necessary to fully fund mill levy equalization.

The act decreases an appropriation from the state education fund to the department of education for use by the institute for mill levy equalization by $1,008,494.


(Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
04/28/2025 Signed Act PDF
04/16/2025 Final Act PDF
04/10/2025 Rerevised PDF
04/09/2025 Revised PDF
04/03/2025 Reengrossed PDF
04/02/2025 Engrossed PDF
03/31/2025 Introduced PDF
Date Version Documents
05/14/2025 FN2 PDF
03/31/2025 FN1 PDF
Date Version Documents
04/04/2025 SA2 PDF
03/31/2025 SA1 PDF
Activity Vote Documents
Refer Senate Bill 25-223 to the Committee of the Whole. The motion passed on a vote of 10-1. Vote summary
Activity Vote Documents
Refer Senate Bill 25-223 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0. Vote summary
Date Calendar Motion Vote Vote Document
04/10/2025 Third Reading BILL
61
AYE
2
NO
2
OTHER
Vote record
Date Calendar Motion Vote Vote Document
04/03/2025 Third Reading BILL
30
AYE
0
NO
5
OTHER
Vote record
Date Location Action
04/28/2025 Governor Governor Signed
04/17/2025 Governor Sent to the Governor
04/16/2025 House Signed by the Speaker of the House
04/16/2025 Senate Signed by the President of the Senate
04/10/2025 House House Third Reading Passed - No Amendments
04/09/2025 House House Second Reading Special Order - Passed - No Amendments
04/08/2025 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
04/03/2025 House Introduced In House - Assigned to Appropriations
04/03/2025 Senate Senate Third Reading Passed - No Amendments
04/02/2025 Senate Senate Second Reading Special Order - Passed - No Amendments
04/01/2025 Senate Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
03/31/2025 Senate Introduced In Senate - Assigned to Appropriations
Effective Date Chapter # Title Documents
04/28/2025 135 Mill Levy Equalization & Institute Charter Schs PDF