| 1 | A bill to be entitled |
| 2 | An act relating to the Corporate Income Tax Credit |
| 3 | Scholarship Program; amending s. 220.187, F.S.; providing |
| 4 | that students placed in foster care are eligible for |
| 5 | participation in the scholarship program; providing an |
| 6 | effective date. |
| 7 |
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| 8 | Be It Enacted by the Legislature of the State of Florida: |
| 9 |
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| 10 | Section 1. Subsection (3) of section 220.187, Florida |
| 11 | Statutes, is amended to read: |
| 12 | 220.187 Credits for contributions to nonprofit |
| 13 | scholarship-funding organizations.-- |
| 14 | (3) PROGRAM; SCHOLARSHIP ELIGIBILITY.--The Corporate |
| 15 | Income Tax Credit Scholarship Program is established. A student |
| 16 | is eligible for a corporate income tax credit scholarship if the |
| 17 | student qualifies for free or reduced-price school lunches under |
| 18 | the National School Lunch Act and: |
| 19 | (a) Was counted as a full-time equivalent student during |
| 20 | the previous state fiscal year for purposes of state per-student |
| 21 | funding; |
| 22 | (b) Received a scholarship from an eligible nonprofit |
| 23 | scholarship-funding organization or from the State of Florida |
| 24 | during the previous school year; or |
| 25 | (c) Is eligible to enter kindergarten or first grade; or. |
| 26 | (d) Has been placed in foster care provided that students |
| 27 | eligible under this paragraph shall be limited to the first 500 |
| 28 | students qualifying each year. |
| 29 |
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| 30 | Contingent upon available funds, a student may continue in the |
| 31 | scholarship program as long as the student's family income level |
| 32 | does not exceed 200 percent of the federal poverty level. |
| 33 | Section 2. This act shall take effect July 1, 2007. |