summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to establish an unfunded student reserve fund to be expended, without further appropriation, by the Department of Elementary and Secondary Education. Education.
AI Summary
This bill establishes an Unfunded Student Reserve Fund to be administered by the Department of Elementary and Secondary Education. The fund will be used to reimburse school districts that experience a large influx of new students during the fiscal year, beyond what was anticipated in their funding calculations. The fund can receive public and private funding, including appropriations, gifts, grants, and donations, and any unexpended funds at the end of the fiscal year will roll over for use the following year. The bill sets guidelines for the fund, including a minimum balance of $2 million and a maximum of $30 million, with no more than 8% of the fund to be used for administration costs. Districts must apply for reimbursement if they have a net enrollment increase of over 100 students between October 1 and March 1, with the application deadline of March 1 and reimbursement provided by April 15.
Committee Categories
Education
Sponsors (4)
Last Action
Accompanied a new draft, see S2348 (on 09/19/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/191/H436 |
Bill | https://malegislature.gov/Bills/191/H436.pdf |
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