House Bill 317 - Summary

• Appropriates $31.4 billion in General Fund net appropriations for fiscal year 2024-2025, with total requirements of $70.7 billion including receipts.

• Establishes multiple spending reserves including $254 million for education, $111 million for child care, $1 billion for clean water, and $305.1 million for economic development.

• Implements teacher and principal salary increases with new monthly salary schedules for 2024-2025, plus bonus programs for principals based on school growth performance.

• Creates Advanced Teaching Roles program allowing local school districts to establish new positions for highly effective teachers with salary supplements ($10,000 for lead teachers, $3,000 for excellence teachers).

• Authorizes broadband expansion funding through BEAD program with $190 million available for county project costs and establishes competitive process for broadband service deployment to underserved and unserved areas.