Enrolled Senate Bill (S)

Co-Authored by

DIGEST

School funding. Amends the statute allowing transfers from the state tuition reserve account to the state general fund to be made during the state fiscal year beginning in 2015 and in the state fiscal year beginning in 2016 if distributions for choice scholarships cause a reduction in state tuition support. Provides that the budget agency may transfer money from the state tuition reserve account to the state general fund if the budget director, after review by the budget committee, makes a determination that the tuition support distribution for the state fiscal year has been reduced because the amount of the School funding. Amends the statute allowing transfers from the state tuition reserve account to the state general fund to be made during the state fiscal year beginning in 2015 and in the state fiscal year beginning in 2016 if distributions for choice scholarships cause a reduction in state tuition support. Provides that the budget agency may transfer money from the state tuition reserve account to the state general fund if the budget director, after review by the budget committee, makes a determination that the tuition support distribution for the state fiscal year has been reduced because the amount of the distributions for choice scholarships for the state fiscal year exceeds the amount that the legislative services agency before May 1, 2015, estimated would be made for such distributions for that state fiscal year. Provides for funding for new charter schools using an enrollment estimate. Requires a new charter school to submit an enrollment estimate to the department of education before April 1 of the year the new charter school will be open for enrollment. Provides that in each odd-numbered year, the department of education shall provide the new charter school's estimated ADM to the legislative services agency before April 10 of that year. Provides that certain innovation network charter schools are to be treated the same as a charter school for state funding purposes. ... View more