(a) By January 1, 2028, the Legislature shall establish the RAISE Act Review Committee to review the overall progress of the RAISE Act and make recommendations for continuous improvement. (b) The committee shall be led by the Chair of the Senate Finance and Taxation Education Committee and the Chair of the House Ways and Means Education Committee. (c) The membership of the committee shall include the following: (1) The Governor, or his or her designee. (2) The State Superintendent of Education, or his or her designee. (3) The Director of Finance, or his or her designee. (4) The Chair of the Senate Finance and Taxation Education Committee. (5) The Chair of the House Ways and Means Education Committee. (6) The Chair of the Senate Education Policy Committee. (7) The Chair of the House Education Policy Committee. (8) One member of the Senate, appointed by the President Pro Tempore of the Senate. (9) One member of the Senate, appointed by the Minority Leader of the Senate. (10) One member of the House of Representatives, appointed by the Speaker of the House of Representatives. (11) One member of the House of Representatives, appointed by the Minority Leader of the House of Representatives. (d) The RAISE Act Review Committee shall meet at least one time per year before November 1 and shall regularly review the RAISE base funding factor and weighted allocations, review the academic data from each student group targeted through weighted allocations at the state and LEA levels to determine the effectiveness of the RAISE program, and identify any needed revisions for continuous improvement to the RAISE Act. (e) The RAISE Act Review Committee shall prepare an annual report on the RAISE Act and shall provide the report, on or before November 1 of each year, to the Governor, the State Board of Education, the Senate Finance and Taxation Education Committee, the House Ways and Means Education Committee, the Senate Education Policy Committee, the House Education Policy Committee, and the public. The report must include a review of academic achievement and growth data from each student group targeted through weighted allocations at the state and LEA levels and recommendations on needed revisions to the RAISE Act. ACES may provide research and analysis to support the work of the committee.
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