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

HB 5201 amends the "Education Equity and Property Tax Relief Act" to ensure full state funding for certain transportation costs. Specifically, it mandates that, starting with the fiscal year 2026 budget, the state will fully fund transportation categorical funds between the state and regional school districts. This aims to provide complete state coverage for these specific transportation expenses for regional school districts. The act also outlines state funding for other categorical programs, such as excess costs for special education, career and technical education, and pre-kindergarten programs.