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Senate Amendment 3
S 39 - Session 125 (2023-2024)
Educational Scholarship Trust Fund
Senator Hembree proposes the following amendment (LC-39.DG0201S):
Amend the bill, as and if amended, SECTION 1, by striking Section 59-8-120(C) and inserting:
(C) Upon request of the parent and approval of an eligible student's application by the department, the State Treasurer shall transfer six thousand dollars per scholarship student to the Education Scholarship Trust Fund as directed by the General Assembly. Each year this amount shall be adjusted to reflect the percentage increase in the actual state allocated revenue per pupil as calculated by the Revenue and Fiscal Affairs Office and required to be published by the annual appropriations act.