SECTION 1. Section 16D(g) of chapter 71 of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by striking the section in its entirety and inserting in place thereof the following new section:
(g) Notwithstanding the foregoing provisions, regional bonus aid, but no other aid pursuant to this section, shall be paid to any regional school district formed after fiscal year nineteen hundred and ninety-three for the immediate five fiscal years following the establishment of said regional school district. Regional bonus aid shall be payable in an amount equal to one hundred dollars per foundation enrollment, in the first fiscal year following the establishment of said regional school district; eighty dollars per foundation enrollment in the second fiscal year following the establishment of said regional school district; sixty dollars per foundation enrollment in the third fiscal year following the establishment of said regional school district; forty dollars per foundation enrollment in the fourth fiscal year following the establishment of said regional school district; and, twenty dollars per foundation enrollment in the fifth fiscal year following the establishment of said regional school district.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.