Overview
- The House approved the plan 156-47 and the Senate voted 40-9, moving the package to the governor for expected signature today.
- Authorized spending rises by about $2.5 billion, with nearly all new money directed to Medicaid and K‑12 education.
- The agreement includes more than $665 million in new public‑school funding, with roughly $562 million routed through adequacy and tax‑equity formulas tied to a 2023 court ruling.
- Democrats agreed to back off the Regional Greenhouse Gas Initiative to secure GOP support, while winning a new earned income tax credit and changes to cyber charter oversight and payments.
- The deal restores delayed aid that forced districts and providers to borrow, including Philadelphia’s costly short‑term loan, and a separate proposal would reimburse schools for interest and fees.