Filed as: §§ 24:44:01 SFAB
School districts now have 30 days from receiving notice of a state aid violation to request a waiver from the School Finance Accountability Board, rather than following a formal multi-step appeal process with legislative committee review. The board will consider waiver requests at its next meeting based on factors like teacher retirement costs, enrollment declines, benefit changes, teacher vacancies, and other extenuating circumstances, and districts must provide current fiscal data and cash flow projections to support their requests. The rule eliminates several procedural steps, including separate violation determinations, appeals to the education secretary, and final approval by the Joint Committee on Appropriations, streamlining how schools can seek relief from financial penalties related to teacher compensation accountability measures.
AI-generated from the proposed rule text — verify against the official documents.
To align with HB 1249 of the 2026 legislative session
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