H259 - 2023 Appropriations Act. (SL 2023-134)
Session Year 2023
Overview: Section 7.2 of S.L. 2023-134 codifies the funding formula for funds for academically or intellectually gifted students. The formula requires the State Board of Education to allocate funds for academically or intellectually gifted students on a per child basis and provides that a local school administrative unit must receive funds for a maximum of 4% of its allocated average daily membership for the current school year, regardless of the number of students identified as academically or intellectually gifted in the unit.
Prior to determining the allocation of funds for the 2024-2025 school year, the Department of Public Instruction must develop a uniform definition for "academically or intellectually gifted student" to be used throughout the State.
This section became effective July 1, 2023.
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