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ID H0383
Bill
Status
Passed
3/1/2012
Primary Sponsor
Education Committee
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AI Summary
- Replaces the five percent (5%) cap on annual earnings with a fixed amount of $50,000 that may be used annually for administrative costs
- Establishes a maximum limit of $75,000 that administrative costs cannot exceed in any year
- Defines allowable administrative costs to include database operating expenses, program administration expenses, personnel costs, and costs for promoting program awareness
- Maintains the perpetual appropriation of moneys in the Opportunity Scholarship Program Account to the state board for implementing the scholarship program
Legislative Description
Amends existing law relating to education and the Idaho Opportunity Scholarship Program to revise provisions relating to administrative costs of the program.
IDAHO OPPORTUNITY SCHOLARSHIP PROGRAM
Last Action
Governor signed Session Law Chapter 34 Effective: 07/01/12
3/1/2012
Committee Referrals
Education1/20/2012
Full Bill Text
No bill text available