HB 2545 Summary

• Establishes broadband expansion fund to provide state matching funds for schools and libraries seeking federal e-rate program grants for broadband connectivity projects.

• Creates results-based funding fund distributing $225-$400 per student to schools with letter grade A ratings, with higher amounts for high-poverty schools.

• Establishes early literacy grant program fund providing three-year grants to high-poverty schools (90%+ free/reduced lunch eligible) for K-3 reading proficiency programs.

• Reduces school district basic state aid by $352.4 million and charter school additional assistance by $18.7 million for fiscal year 2017-2018, with protections for small districts.

• Modifies college credit by examination incentive program to include reporting to joint legislative budget committee and establishes pilot program for college-readiness examinations.