Bill > SB233

Introduced Session

AN ACT To amend Title 20 of the Official Code of Georgia Annotated, relating to education, so as to provide for the establishment of promise scholarship accounts and related matters; to provide for the creation of the Georgia Education Savings Authority as a state-wide authority; to provide for definitions; to provide for its membership, manner of appointment, terms of office, and powers and duties; to provide for keeping of records and maintenance of accounts; to prohibit certain conflicts; to provide for assignment of such authority to the Georgia Student Finance Commission for administrative purposes; to provide for promise scholarship accounts to be funded by the state in the amount of $6,500.00 per school year for each participating student, subject to certain adjustments; to provide for such adjustments; to provide for a short title; to provide for definitions; to provide for qualified education expenses; to provide for qualifications for students to participate in the promise scholarship account program; to provide for requirements for participating schools and service providers; to provide for accounts and account funds; to establish a parent review committee to review expenditures upon request; to provide for statutory construction; to authorize the Georgia Student Finance Commission to participate in the promise scholarship account program and to promulgate rules and regulations; to provide for annual report on the program by the commission; to provide for annual testing of participating students; to provide for audits by the Department of Audits and Accounts; to provide for an annual report by the Office of Student Achievement; to provide for statutory construction; to require the State Board of Education to provide for procedures for student transfers between local school systems; to provide that only the receiving local school system shall have the authority to grant or refuse permission for such transfers; to provide for caps on tuition that can be charged to a student by an enrolling local unit of administration; to change the Quality Basic Education Formula program weights for funding purposes; to provide that capital outlay funds may be used for educational facilities for certain voluntary pre-kindergarten programs provided by the school system; to provide that student projection counts may include pre-kindergarten; to revise a provision for grants to low-performing schools applicable by a nonprofit corporation incorporated by the Georgia Foundation for Public Education for such purpose; to amend Title 48 of the Official Code of Georgia Annotated, relating to revenue and taxation, so as to increase the limits available to individuals, heads of household, married couples filing joint returns, and individuals who are members of certain companies, corporations, or partnerships; to provide for married couples filing separate returns; to increase the maximum allowed amount of tax credits; to remove a restriction that such tax credit not be allowed if the taxpayer's qualified education donation is designated for the direct benefit of any particular school or program which the taxpayer's child or children attend; to extend an automatic repealer; to provide for effective dates and for contingent effectiveness and applicability as to certain parts; to provide for automatic repeal; to provide for a grandfather provision; to provide for related matters; to repeal conflicting laws; and for other purposes.

AI Summary

Committee Categories

Matt Brass (R)*,  Greg Dolezal (R)*,  Steve Gooch (R)*,  John Kennedy (R)*,  Colton Moore (R)*,  Ed Setzler (R)*,  Shawn Still (R)*,  Ben Watson (R)*,  Jan Jones (R), 

Effective Date 2024-04-23 (on 04/23/2024)

Official Document