HB 2048 - DIGEST

Creates the joint task force on K-12 finance to study the common school finance system and to develop alternative funding models for that finance system. The alternatives shall include one or more models that can be fully funded within the existing total federal, state, and local capital and operating expenditures for public schools and may include alternatives that require new or additional funding.

Requires the task force to report findings and recommendations to the legislature by October 1, 2006.

Expires June 30, 2007.