Senate Bill sb1212

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2007                                  SB 1212

    By Senator Wise





    5-1080-07                                           See HB 465

  1                      A bill to be entitled

  2         An act relating to the Corporate Income Tax

  3         Credit Scholarship Program; amending s.

  4         220.187, F.S.; providing that students placed

  5         in foster care are eligible for participation

  6         in the scholarship program; providing an

  7         effective date.

  8  

  9  Be It Enacted by the Legislature of the State of Florida:

10  

11         Section 1.  Subsection (3) of section 220.187, Florida

12  Statutes, is amended to read:

13         220.187  Credits for contributions to nonprofit

14  scholarship-funding organizations.--

15         (3)  PROGRAM; SCHOLARSHIP ELIGIBILITY.--The Corporate

16  Income Tax Credit Scholarship Program is established. A

17  student is eligible for a corporate income tax credit

18  scholarship if the student qualifies for free or reduced-price

19  school lunches under the National School Lunch Act and:

20         (a)  Was counted as a full-time equivalent student

21  during the previous state fiscal year for purposes of state

22  per-student funding;

23         (b)  Received a scholarship from an eligible nonprofit

24  scholarship-funding organization or from the State of Florida

25  during the previous school year; or

26         (c)  Is eligible to enter kindergarten or first grade;

27  or.

28         (d)  Has been placed in foster care provided that

29  students eligible under this paragraph shall be limited to the

30  first 500 students qualifying each year.

31  

                                  1

CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2007                                  SB 1212
    5-1080-07                                           See HB 465




 1  Contingent upon available funds, a student may continue in the

 2  scholarship program as long as the student's family income

 3  level does not exceed 200 percent of the federal poverty

 4  level.

 5         Section 2.  This act shall take effect July 1, 2007.

 6  

 7  

 8  

 9  

10  

11  

12  

13  

14  

15  

16  

17  

18  

19  

20  

21  

22  

23  

24  

25  

26  

27  

28  

29  

30  

31  

                                  2

CODING: Words stricken are deletions; words underlined are additions.