Section 1 - Legislative intent

Section 2 - Definitions

Section 3 - Foundation budget; regulations; calculation of budget

Section 3A - Data necessary to generate required minimum local contribution and state aid components; house and senate committees on ways and means; bi-monthly updates

Section 4 - Foundation budget review commission; membership; recommendations

Section 5 - Municipalities receiving overburden aid; reductions

Section 6 - Contributions by municipalities for support of local schools and school district

Section 7 - Reductions in amount appropriated

Section 8 - Districts’ methods for allocating appropriated funds; under-performing districts; restrictions

Section 9 - Reports on amounts spent for certain expenses

Section 10 - Aid paid to municipalities and districts; amounts

Section 11 - Excess funds; application to following fiscal year

Section 12 - Determination of amounts appropriated

Section 13 - Allocation of funds

Section 14 - Exemption of certain districts from chapter

Section 15 - Applicability of chapter