"Mississippi Student Funding Formula"; revise to clarify certain provisions related to.

Establishes a new student base amount of $6,695.34 for fiscal year 2025 with an automatic inflation adjustment mechanism for subsequent years

Updates definition of 'low income student' to include students approved for free meals through SNAP, TANF, FDPIR, Medicaid, and specific vulnerable populations

Requires school districts to submit accurate enrollment data with signed affidavits, authorizing the State Board of Education to withhold funding for inaccurate reporting

Requires agricultural high schools to receive local contributions based on an equitable per-pupil amount determined by the State Board of Education

Removes all references to the Mississippi Adequate Education Program and replaces them with references to the Mississippi Student Funding Formula throughout state statutes

Sets specific deadlines for implementing the new funding formula, including a November 1, 2024 report requirement to the Legislative Budget Office

Clarifies special education weighting tiers and establishes that students with multiple diagnoses are counted under the highest applicable tier