Current through Register Vol. 50, No. 11, November 20, 2024
Section I-2101 - Introduction [Formerly LAC 28:XCIII.101]A. Permanent Trust Fund. The Kevin P. Reilly, Sr Louisiana education quality trust fund (permanent trust fund), effective January 1, 1987, is a trust fund for education, established by La. Const. art. VII, §10.1 and R.S. 17:3801 et seq. B. Support Fund 1. The Louisiana quality education support fund (support fund) was created in the Louisiana State Treasury to receive and hold interest earnings from the permanent trust fund, and is distributed by the legislature as follows:a. 50 percent of the money appropriated by the legislature for this fund is allocated to the Board of Elementary and Secondary Education (BESE) for the enhancement of elementary and secondary educational programs; andb. 50 percent of money appropriated by the legislature for this fund is allocated to the Board of Regents for the enhancement of higher education.2. In accordance with La. Const. art. VII, §10 1, in order to accomplish the goal of enhancement, BESE allocates money from the support fund to:a. provide compensation to city or parish school board professional instructional employees;b. insure an adequate supply of superior textbooks, library books, equipment, and other instructional materials;c. fund exemplary programs in elementary and secondary schools designed to improve elementary and secondary student academic achievement or vocational-technical skill;d. fund carefully defined research efforts, including pilot programs, designed to improve elementary and secondary student academic achievement;e. fund school remediation and preschool programs;f. fund the teaching of foreign languages in elementary and secondary schools; andg. fund an adequate supply of teachers by providing scholarships or stipends to prospective teachers in academic or vocational-technical areas where there is a critical teacher shortage.C. This Subpart contains policies adopted by BESE to govern activities for the distribution of money from the support fund for the 8(g) program to enhance elementary and secondary educational programs.La. Admin. Code tit. 28, § I-2101
Promulgated by the Board of Elementary and Secondary Education, LR 38:3141 (December 2012), Amended LR 451444 (10/1/2019).AUTHORITY NOTE: Promulgated in accordance with La. Const. article VII, §10.1 and R.S. 17:6 and 17:3801 et seq.