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OK SB2083
Bill
AI Summary
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Amends the Education Reform Revolving Fund statute (62 O.S. Section 34.89) to redirect excess funds toward teacher performance pay programs
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Beginning fiscal year 2010, any amount certified to the Education Reform Revolving Fund exceeding $650 million will be allocated to teacher performance pay programs, up to $15 million annually
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The teacher performance pay expenditure is contingent upon enactment of a separate Senate bill (SB ___) from the 2nd Session of the 52nd Oklahoma Legislature
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Effective date of July 1, 2010
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Includes an emergency clause declaring the act necessary for public peace, health, and safety to take immediate effect upon passage
Legislative Description
Public finance; providing for expenditure from Education Reform Revolving Fund for teacher performance pay program. Effective date.
Education - Common
Last Action
Died in conference
5/28/2010