A bill for an act relating to the state school foundation program and the calculation of minimum state foundation aid for school districts and including applicability provisions.

This bill changes how Iowa calculates minimum state funding for public school districts. It sets the minimum foundation aid at $300 per pupil, but this amount now specifically covers four teacher-related costs: salary supplements, professional development, early intervention, and teacher leadership programs. If a district's total state aid plus local property tax exceeds its total costs, the state will reduce the required property tax rate. The changes apply to school budgets starting July 1, 2026.