The 47-0 vote on Wednesday followed a series of contentious debates in the Legislature. The funding is intended to fill the gap between school-district needs and their local resources.
The formula includes funding allowances for districts that offer longer school years and more highly educated teachers. Smaller, rural districts will receive that funding even if property values and their tax levies prevent them from qualifying for other state aid.
The bill is now headed to Gov. Dave Heineman.