An Act regarding school regionalization

This bill creates an Office of Shared Services within the education department to assist school districts in forming regional school districts and superintendent unions. It increases state funding for regional district facilities projects to 90%, provides $200 per student in transitional aid for new regional districts during their first three years, and offers debt relief to municipalities when schools close due to regionalization. The bill also establishes two new grant funds: one for planning regionalization efforts (with priority for districts with enrollment decline or underused facilities) and another to offset foundational aid losses for regional districts. These provisions directly affect school districts considering or forming regional systems and the municipalities managing school closures.