For the fiscal year beginning on July 1, 2006, and for each fiscal year thereafter,
the foundation allowance for regional education service agencies shall be equal to
sixty-three one-hundredths percent of the allocation for professional educators as
determined in section four of this article, but not more than $3,690,750. The allowance shall be distributed to the regional education service agencies in
accordance with rules adopted by the state board. The allowance for regional education service agencies shall be excluded from the
computation of total basic state aid as provided in section twelve of this article:
Provided, That the foundation allowance for regional education service agencies shall be reduced
to zero for the fiscal year beginning on July 1, 2017, and for each fiscal year thereafter.
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