Governor's Bill No. 5050 Summary

• Increases per-pupil grant funding for out-of-district students in the interdistrict student attendance program to $2,500 for fiscal year 2024, with minimum amounts of at least $3,000-$8,240 for subsequent years depending on enrollment thresholds.

• Modifies interdistrict magnet school per-pupil grant amounts, with fiscal year 2024 rates ranging from $7,227-$13,315 depending on school type and student residency, and increased minimum rates for fiscal year 2025 and beyond.

• Establishes tuition rate caps for regional educational service centers and local school districts operating magnet schools, capping fiscal year 2025 and beyond tuition at 58% of the fiscal year 2024 rate.

• Authorizes state payments to schools participating in the National Lunch Program that do not implement Community Eligibility Provision, reimbursing the difference between federal rates for free/reduced-price meals and paid meals.

• Eliminates provisions allowing the Department of Education to retain portions of appropriated funds for program evaluation and administration in several educational grant programs.