TO:	Honorable Dan Huberty, Chair, House Committee on Public Education
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	HB352 by Faircloth (Relating to a reduction of the amount required to be paid by certain school districts to achieve the equalized wealth level under the public school finance system.), As Introduced

The bill would adversely affect equity within the Foundation School Program by establishing a mechanism that would reduce equalization, allowing certain districts to retain revenue that would otherwise be subject to recapture.