AN ACT RELATING TO EDUCATION -- THE EDUCATION EQUITY AND PROPERTY TAX RELIEF ACT

SB 2057, known as the Education Equity and Property Tax Relief Act, amends state law to provide ongoing financial support for specific school programs and districts. The bill establishes a permanent two percent bonus for regionalized school districts and creates a stabilization fund to assist the Central Falls, Davies, and Met Center areas with high education costs. Additionally, it directs state funding toward special education expenses, career and technical education initiatives, pre-kindergarten access, and transportation for students attending non-public or regional schools. The legislation also allocates extra resources for English learners based on a specific per-pupil factor. These changes aim to ensure equitable funding distribution and address unique financial challenges faced by various school districts and student populations.