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In a landmark decision for South Carolina's education system, Governor Amanda Peters signed a new bill into law on June 10, 2026, that aims to address long-standing issues of school funding and equity across the state. The legislation, known as the Education Equity Act, is set to bring about significant changes to the way schools in South Carolina are funded and supported.One of the key provisions of the Education Equity Act is the establishment of a new funding formula that seeks to provide more resources to schools in low-income areas. Under the new formula, schools with higher rates of poverty and lower academic performance will receive additional funding to help support their students and improve educational outcomes. This move is aimed at addressing the longstanding disparities in funding between schools in wealthy and poor neighborhoods, ultimately working towards a more equitable education system for all students in South Carolina.Another major aspect of the Education Equity Act is the creation of a new oversight committee tasked with monitoring and enforcing the implementation of the new funding formula. The committee will work closely with schools and districts to ensure that funds are being allocated properly and that resources are being directed towards the students who need them most. This marks a significant step towards increasing transparency and accountability in South Carolina's education system, ultimately leading to better outcomes for students statewide.Governor Amanda Peters expressed her excitement about the new law, stating that it represents a major step forward for education in South Carolina. "Every child in our state deserves access to a high-quality education, regardless of where they live or their family's income level," Governor Peters said. "The Education Equity Act is a crucial step towards achieving that goal and ensuring that all students have the resources and support they need to succeed."The Education Equity Act has been met with widespread praise from educators, parents, and advocates across South Carolina. Many see the new legislation as a much-needed and long-overdue reform that will help improve educational opportunities for all students in the state. With the implementation of this new law, South Carolina is poised to make significant strides towards a more equitable and effective education system for its students.