HB 2002 Summary

• Appropriates $8,530,433,585 for the Department of Elementary and Secondary Education and State Board of Education for the fiscal year July 1, 2020 through June 30, 2021

• Distributes $3,924,829,889 to free public schools under the School Foundation Program, including funding for transportation, special education, vocational education, and early childhood development

• Allocates $2,000,000,000 in federal stimulus funds to public schools and $238,443,000 in Coronavirus Aid, Relief, and Economic Security Act funds

• Provides $321,443,177 for school nutrition services program reimbursement and funds for vocational rehabilitation, special education, gifted programs, and adult basic education

• Transfers funds to various education trust funds including Outstanding Schools Trust Fund ($836,600,000), Classroom Trust Fund ($353,359,576), and School District Trust Fund ($958,400,000)