NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.



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F I S C A L I M P A C T R E P O R T





SPONSOR: Maloof DATE TYPED: 01/24/00 HB
SHORT TITLE: Business-Related Training For Teachers SB 69
ANALYST: Fernandez


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 100.0 Recurring G/F



(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



LFC Files

State Department of Public Education (SDE) did not submit a response



SUMMARY



Synopsis of Bill



This bill appropriates $100.0 to the State Department of Education to provide economic education instruction and other business-related training to elementary and secondary public school teachers in the state.



Significant Issues



According to information provided last year by SDE, this bill aligns with the State Board of Education's goal of preparing a qualified workforce. If students are to become economically independent and proficient in workplace knowledge and skills, teachers must be adequately prepared to provide economic education instruction and business-related training to students.



FISCAL IMPLICATIONS



Senate Bill 69 appropriates $100.0 from the general fund for expenditure in fiscal year 2001. Any unexpended or unencumbered balances remaining at the end of the fiscal year 2001 shall revert to the general fund.



ADMINISTRATIVE IMPLICATIONS



The State Department of Education staff will distribute and monitor the funds.



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