Plain English Breakdown
The bill's status indicates that it has not passed both chambers and did not reach final enrollment. Therefore, its provisions are not currently in effect.
Florida Tax Credit Scholarship Program Changes
This bill removes requirements for unused funds in the Florida Tax Credit Scholarship Program to return to the state.
What This Bill Does
- Changes a rule about how leftover money from scholarships is handled.
- Removes language that says remaining scholarship funds must return to the state when certain conditions are met.
Who It Names or Affects
- Students who receive Florida Tax Credit Scholarships
- Schools participating in the program
Terms To Know
- revert to the state
- Return unused funds back to the state's treasury.
Limits and Unknowns
- It is unclear how much money will be affected by this change.
- The bill did not pass both chambers of the legislature and died in messages, so it may not become law as written.