Modifies provisions governing state aid to school districts with an operating levy for school purposes of at least one dollar and fifty cents

HB 2625 requires Missouri school districts to levy a minimum local property tax ("operating levy") of at least $1.25 per $100 of assessed property value to receive full state education funding. Districts failing to meet this threshold will receive state aid capped at their 2005-06 funding level per student, unless they qualify for exceptions (e.g., districts near nuclear plants or large power facilities). The bill links state aid eligibility directly to this local tax requirement, with rates increasing to $1.50 after 2026. It applies to all public school districts in Missouri, excluding specific utility-adjacent districts that may use a higher $2.75 levy limit. The law aims to ensure districts contribute locally before receiving full state funding.