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House Speaker Philip Gunn's bill instructs the state Department of Education, beginning in 2023, and then every two years thereafter, to recommend changes based on the "actual costs of education in the state of Mississippi," research in education finance and public comment.

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Lawmakers Could Shift Existing Money into New School Formula

The $53 million needed to pay for the first year of a proposed new Mississippi public school funding formula could come from other money currently going to education.

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