An Act relating to funding for residential schools.

This bill updates reimbursement rates for school districts that transport students to residential schools in Alaska. It directly affects school districts and families sending students to these boarding schools by adjusting financial support for transportation and living expenses. The legislation increases monthly stipends for room and board, with higher amounts for remote regions compared to more populated areas. These changes apply to the Southeast, Southcentral, Interior, Southwest, and Northern Remote regions of Alaska. The bill also clarifies that districts can claim reimbursement for one round-trip transportation cost per student during the school year.