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SB 0066 - Georgia Foundation for Public Education; a nonprofit corporation created by the foundation to receive private donations to be used for grants to public schools; authorize

Tracking Level: Watch
Sponsor: Jason Anavitarte
Last Action: 4/7/2021 - Senate - Senate Sent to Governor
Senate Committee: Education and Youth
House Committee: Education

Staff Analysis of the Legislation

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SUMMARY:  LC 49 0423S (SCS)

This bill combines some existing foundations/programs.  The Department of Education administers the Georgia Foundation for Public Education; there is also a Public Education Innovation Fund Foundation under the Governor's Office of Student Achievement.  This would combine them and require a nonprofit corporation be incorporated by the foundation by January 1, 2022 to receive donations from taxpayers to award grants to public schools for the implementation of academic and organizational innovations to improve student achievement with priority given to schools performing in the lowest 5% in the state.

The donors to the Public Education Innovation Fund would receive an income tax credit.  The program is capped at $5 million.

 

EFFECTIVE DATE:

July 1, 2021 


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text