Bill Summary for H 269 (2013-2014)

Summary date: 

Apr 17 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 269 (Public) Filed Monday, March 11, 2013
Intro. by Jordan, Brandon, Jones, Stam.

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Bill summary

House committee substitute makes the following changes to the 1st edition.

Amends GS 115C-112.3, (Scholarship Grants), providing that eligible students awarded grants cannot be enrolled in a public school.

Amends GS 115C-112.5 (Authority reporting requirements), providing that the Authority will make an annual report no later than August 1 (was, July 1) to the Department of Public Instruction (DPI) on the number of students who (1) received scholarship grants for the previous school year and (2) were enrolled in an LEA or charter school for the semester preceding the semester for which a scholarship grant was awarded.  Also requires the Authority to make an annual report to the Joint Legislative Oversight Committee no later than October 1 (was, March 1) on the dispensation of scholarship grants.

Allows the Authority to retain up to $200,000 of the funds appropriated for fiscal year 2013-2014 for administrative costs associated with the scholarship grant program. For fiscal year 2014-2015 and subsequent years, the Authority can retain up to 2% annually (previously, the Authority was allowed to retain 1% annually).

Sets out the requirement and conditions for being considered a prior scholarship grant recipient for priority in awarding of scholarship grants under GS 115C-112.3(a). Adds the requirement that the Department of Revenue provide the Authority with a list of people claiming the credit for the taxable year beginning on or after January 1, 2013.

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