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OK HB3513
Bill
Status
5/23/2014
Primary Sponsor
Clark Jolley
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AI Summary
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Total state school aid and programs funding for fiscal year ending June 30, 2015 is $2,479,866,036, including $1,877,570,777 for local and state-supported financial support of public schools
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Allocates $263,956,552 for certified employee health benefits, $143,824,310 for support personnel health benefits, and $35,311,375 for Teachers' Retirement Credit
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Reform Implementation receives $42,859,836, distributed across programs including $8 million for ACE Remediation, $6.5 million for Reading Sufficiency, $4.25 million for Advanced Placement Incentives, and $2.5 million for Teach for America
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Transfers $3,494,023 to the School Consolidation Assistance Fund and $3,494,023 to the Teachers' Retirement System Dedicated Revenue Revolving Fund
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Requires the State Board of Education to develop outcome-based performance measures for each budget category and authorizes reduction of State Aid funds to ensure compliance with the act
Legislative Description
State Board of Education; apportioning funds; providing certain requirements and allocations; providing for duties and compensation; effective date; emergency.
Appropriations
Last Action
Approved by Governor 06/03/2014
5/23/2014