Senate Bill 332 - Summary

• Establishes 2024-2025 teacher monthly salary schedule ranging from $4,100 (0 years experience) to $5,595 (25+ years), with supplements for NBPTS certification (12%), "M" teachers (10%), and advanced degrees ($126-$253 per month).

• Sets principal annual salaries based on school size and performance, ranging from $77,792 to $116,687, with bonuses of $1,000-$15,000 for principals whose schools rank in top 50% of statewide growth.

• Implements 3% salary increase for central office administrators and noncertified staff, with specific monthly maximums established for superintendent and school administrator classifications.

• Provides assistant principals with monthly salary equal to teacher salary schedule plus 19%, plus degree-based supplements of $126-$253 per month.

• Modifies supplanting criteria for teacher compensation funds, allowing local school units to use the lesser of 2020-2021 or 2021-2022 baseline for non-State funds expended in 2024-2025 fiscal year, with enforcement mechanisms for units that fail to remedy funding deficiencies.