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161.133 Teachers' national certification incentive trust fund -- Purposes -Appropriations.
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There is hereby established a "Teachers' National Certification Incentive Trust
Fund" in the State Treasury for the purposes of:
(a) Funding stipends for teachers to prepare for certification by the National
Board for Professional Teaching Standards;
(b) Reimbursing a portion of the certification fee to each teacher who is
awarded national board certification;
(c) Reimbursing local boards of education or the Department of Education for
persons who serve as substitute teachers for national board certification
candidates; and
(d) Funding stipends for national board certified teachers who serve as
mentors to other teachers within the school district or the Kentucky Tech
system.
Appropriations by the General Assembly in each biennial budget for the
purpose of supporting national board certification shall be credited to the fund
and invested until needed. All money credited to the fund, including interest
earned on money in the fund, shall be retained in the fund for reinvestment and
used for the purposes of this section. Funds appropriated to the fund shall not
lapse at the end of a fiscal year or a biennium.
The Education Professional Standards Board shall promulgate administrative
regulations that establish the procedures for the administration of the funds as
described in this section and the requirements for participating teachers, local
boards of education, and the Department of Education. The board shall
allocate only those funds to teachers, school districts, or the department for the
purposes in this section for which other sources of funds are not being
received. The board may limit the number of participants accepted in any given
enrollment or application period due to the lack of available funds.
Money in the fund shall be distributed to local boards of education, the
Department of Education, and teachers by the Education Professional
Standards Board in compliance with the administrative regulations promulgated
by the board.
Effective:June 25, 2013
History: Amended 2013 Ky. Acts ch. 59, sec. 45, effective June 25, 2013. -Amended 2010 Ky. Acts ch. 39, sec. 2, effective July 15, 2010. -- Amended
2003 Ky. Acts ch. 160, sec. 1, effective March 31, 2003. -- Created 2000 Ky.
Acts ch. 257, sec. 3, effective July 14, 2000.
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