REFERENCE TITLE: teacher salary increases; appropriation |
State of Arizona House of Representatives Fifty-third Legislature First Regular Session 2017
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HB 2488 |
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Introduced by Representatives Epstein: Andrade, Benally, Butler, Cardenas, Chávez, Espinoza, Friese, Gabaldón, Rubalcava
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AN ACT
Amending title 15, chapter 2, article 2, Arizona Revised Statutes, by adding section 15-249.07; appropriating monies; relating to teacher salary increases.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Title 15, chapter 2, article 2, Arizona Revised Statutes, is amended by adding section 15-249.07, to read:
15-249.07. Teacher salary increases fund
A. The teacher salary increases fund is established consisting of legislative appropriations and private gifts, grants and monies from any other lawful source. The department of education shall administer the fund. Monies in the fund are continuously appropriated for the purposes of this section. Monies in the fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations. On notice from the department, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. Monies in the fund are subject to state auditing procedures.
B. Each fiscal year the department shall distribute the monies in the fund among school districts and charter schools in proportion to their average daily membership counts in the preceding fiscal year for the sole purpose of increasing the salaries of the classroom teachers whom they employ.
Sec. 2. Appropriation; teacher salary increases fund
The sum of $50,000,000 is appropriated from the state general fund in fiscal year 2017-2018 to the teacher salary increases fund established by section 15-249.07, Arizona Revised Statutes, as added by this act.
Sec. 3. Fund balance transfer; Arizona public school credit enhancement fund
All monies remaining unexpended and unencumbered on the effective date of this act in the Arizona public school credit enhancement fund established by section 15-2154, Arizona Revised Statutes, are transferred to the teacher salary increases fund established by section 15-249.07, Arizona Revised Statutes, as added by this act.