Page 414

House Bill No. 5506

Public Act No. 22-118 414 of 739

subsection (b) of this section, any increase in funds received over the amount the town received for the fiscal year ending June 30, 2022, pursuant to subsection (a) of section 10-262i. The Comptroller shall transfer such funds to the Commissioner of Education. (2) Upon receipt of an application pursuant to subsection (d) of this section or section 10-156gg, the Commissioner of Education may pay such funds to the town designated as an alliance district and such town shall pay all such funds to the local or regional board of education for such town on the condition that such funds shall be expended in accordance with (A) the plan described in subsection (d) of this section, (B) the minority candidate certification, retention or residency year program pursuant to section 10-156gg, (C) the provisions of subsection (c) of section 10-262i, and (D) any guidelines developed by the State Board of Education for such funds. Such funds shall be used to improve student achievement and recruit and retain minority teachers in such alliance district and to offset any other local education costs approved by the commissioner. Sec. 267. Section 10-262h of the 2022 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2022): (a) For the fiscal year ending June 30, 2018, each town maintaining public schools according to law shall be entitled to an equalization aid grant as follows: (1) Any town designated as an alliance district, as defined in section 10-262u, shall be entitled to an equalization aid grant in an amount equal to its base grant amount; and (2) any town not designated as an alliance district shall be entitled to an equalization aid grant in an amount equal to ninety-five per cent of its base grant amount. (b) For the fiscal year ending June 30, 2019, each town maintaining public schools according to law shall be entitled to an equalization aid