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Bill > H560


MA H560

Establishing a gateway low income student trust fund


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to establish a gateway low income student trust fund for certain school districts impacted by the change in the low-income enrollment measurement in the foundation budget. Education.

AI Summary

This bill establishes a Gateway Low Income Student Trust Fund (Gateway LIST Fund) within the Commonwealth of Massachusetts. The fund will be administered by the Department of Early and Secondary Education and will provide grants to school districts located in "gateway municipalities" (as defined in state law) whose Chapter 70 education aid and tuition revenue are significantly and negatively impacted by changes to the low-income enrollment measurement used in the foundation budget. The fund will consist of appropriations and other designated public or private sources, and any unexpended balance at the end of a fiscal year will not revert to the General Fund. The Commissioner of Early and Secondary Education must report annually on the fund's financial activity and projected grants for the coming year.

Committee Categories

Education

Sponsors (4)

Last Action

Accompanied a study order, see H5101 (on 08/25/2022)

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