The Senate Finance Committee on Thursday adopted a school funding plan for the next two years that would cut basic funding for school districts by nearly 6 percent - or $2 billion a year - to handle a massive state revenue shortfall. The committee voted 13-2 to approve the recommendations of a special subcommittee on education funding that was chaired by Sen. Florence Shapiro, R-Plano, who also serves on the finance committee. The two no votes were cast by Democrats on the panel.
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