BOSTON – House and Senate lawmakers are poised to send Gov. Charlie Baker a sweeping rewrite of the state’s school funding formula that aims to close persistent achievement gaps and commits the state to spending about $1.5 billion more on K-12 education over seven years.

The six representatives and senators who had been negotiating the bill filed their compromise legislation Tuesday morning, less than three weeks after officially starting their talks. House Speaker Robert DeLeo and Senate President Karen Spilka said they both expect to bring it up for a vote on Wednesday.

“I feel like this bill is really going to make a difference, and so to have it on the precipice of finally being able to be passed into law and to start

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