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ID S1207
Bill
AI Summary
Senate Bill 1207 Summary
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Establishes legislative intent to comply with federal maintenance of effort requirements under Title 14 of the American Recovery and Reinvestment Act of 2009 for public schools and higher education in fiscal years 2009-2011.
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Requires the Division of Financial Management to transfer excess General Fund revenues to the Public School Income Fund on or before June 30, 2011, to maintain the percentage of state revenues for public schools at not less than fiscal year 2010 levels.
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Appropriates funds to the State Board of Education for Professional-Technical Education to meet maintenance of effort requirements under Title 1 of the Education Jobs Fund (Public Law 111-226) for Carl D. Perkins federal funding, available by June 30, 2011.
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Appropriates funds to the State Board of Education for Community Colleges to address unfunded enrollment growth if additional maintenance of effort funding is triggered under the Education Jobs Fund, available by June 30, 2011.
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Reappropriates any unexpended and unencumbered General Fund balances from fiscal year 2011 appropriations to the State Board of Education for use during fiscal year 2012 and declares the act an emergency measure.
Legislative Description
States legislative intent to assure compliance with maintenance of effort commitments upon acceptance of the Title 14 State Stabilization Funds authorized in the American Recovery and Reinvestment Act of 2009; appropriates additional moneys to public schools for fiscal year 2011 under certain circumstances; states legislative intent to assure compliance with maintenance of effort commitments for the Title 1, Education Jobs Fund, Public Law 111-226 of 2010; appropriates additional moneys to Professional-Technical Education for maintenance of effort for federal Carl D. Perkins funding for fiscal year 2011 under certain circumstances; appropriates additional moneys to community colleges for enrollment growth for fiscal year 2011 under certain circumstances; and provides General Fund reappropriation authority.
APPROPRIATIONS
Last Action
Governor signed Session Law Chapter 333 Effective: 04/14/11
4/14/2011