Summary of 2012 School Finance Bill, HB12-1345

House Bill 12-1345 amends the Public School Finance Act of 1994 to provide funding for school districts in FY 2012-13. The bill was signed by the Governor on May 19, 2012, and became effective on that date. House Bill 12-1335, the "Long Bill," appropriates most of the money distributed to school districts. Highlights of funding provided to school districts by the two bills follows. This memorandum also contains an appendix with estimates of school district funding in the current budget year.