Creates a provision relating to the calculation of school districts' local effort figures

This bill changes how the state calculates the "local effort" figures for school districts that receive certain specific tax revenues. If a district places money from intangible taxes, surcharges, or payments in lieu of taxes into teacher funds and this raises their local effort score, the state will instead pretend that money was put into capital or debt service funds for calculation purposes. This adjustment ensures that the state aid these districts receive after August 28, 2024, is based on a revised local effort figure that excludes those specific revenue sources. The change directly affects school districts in the state that utilize these particular funding streams and impacts how much state financial support they are eligible to receive.