AN ACT CONCERNING THE INCLUSION OF A HOLD HARMLESS PROVISION IN THE EDUCATION COST-SHARING GRANT FORMULA.

HB 5513 revises Connecticut's education cost-sharing grant formula to protect towns from funding cuts. It ensures no town receiving state education aid will get less total funding in future years than it received during the 2024-2025 fiscal year (ending June 30, 2025). The bill adds a "hold harmless" provision requiring the formula to maintain each town's baseline grant amount, preventing reductions below that level. This directly affects all towns receiving state education grants under the current cost-sharing system.