House panel passes Prop 123 extension proposals – Senate committee next
- Arizona's public schools face funding battles over Proposition 123, which provided $3.5 billion in funding to public schools from the State Land Trust during negotiations for extension, as reported by House Concurrent Resolutions 2020 and 2047 and House Bill 2185 passing out of committee.
- Lawmakers propose to allocate a 6.9% distribution from the state land trust fund to increase teacher salaries by approximately $4,200, addressing current teacher vacancies and retention concerns.
- Some lawmakers have raised concerns about the funding distribution, implying that it may lead to disparities among districts, according to Kevin McCarthy, president of the Arizona Tax Research Association.
- Despite bipartisan support, discussions regarding the proposals involve varying stakeholder opinions and are described as a slow process by Sen. J.D. Mesnard.
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