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REFERENCE TITLE: STOs; grants; corporate tax credit |
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State of Arizona House of Representatives Fifty-first Legislature Second Regular Session 2014
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HB 2328 |
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Introduced by Representatives Livingston, Allen, Lesko, Montenegro, Thorpe, Senators Burges, Murphy, Yarbrough: Representatives Forese, Gowan, Gray, Mesnard, Olson, Pratt, Smith, Townsend, Senators Barto, Farnsworth D, Griffin, Melvin, Ward, Yee
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AN ACT
amending section 43‑1505, Arizona Revised Statutes; relating to school tuition organizations for corporate contributions.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 43-1505, Arizona Revised Statutes, is amended to read:
43-1505. Special provisions; corporate donations for displaced students and students with disabilities; definition
A. A school tuition organization that receives contributions for the purposes of section 20‑224.07 or 43‑1184 must use at least ninety per cent of those contributions to provide educational scholarships or tuition grants to qualified students. to whom any of the following applies:
1. Received a grant or scholarship under title 15, chapter 8, article 1.2 or 8 in order to attend a qualified school during the 2008‑2009 academic year.
2. Attended a governmental primary or secondary school as a full-time student as defined in section 15‑901 or attended a preschool program that offers services to students with disabilities at a governmental school for at least ninety days of the prior fiscal year or one full semester and transferred from a governmental school to a qualified school.
3. Enrolled in a qualified school in a kindergarten program or a preschool program that offers services to students with disabilities.
4. Is the dependent of a member of the armed forces of the United States who is stationed in this state pursuant to military orders.
5. Qualified for an educational scholarship or tuition grant under paragraph 1, 2, 3 or 4 of this subsection if the qualified student continues to attend a qualified school in a subsequent year.
B. The amount of an educational scholarship or a tuition grant that is issued by a school tuition organization under this section shall not exceed the cost of tuition for the student to attend the qualified school or ninety per cent of the amount of state aid that otherwise would be computed for the student as provided in title 15, chapter 9, article 5, whichever is less. On request from a school tuition organization, the department of education shall provide to the school tuition organization in a timely manner the amount computed for the student under this subsection that represents the ninety per cent limitation prescribed in this subsection.
C. A school tuition organization shall require that student beneficiaries use the educational scholarships or tuition grants on a full‑time basis. If a child leaves the school before completing an entire school year, the school shall refund a prorated amount of the educational scholarship or tuition grant to the school tuition organization that issued the scholarship or grant. The school tuition organization shall allocate any refunds it receives under this subsection for educational scholarships or tuition grants.
D. Qualified students who receive an educational scholarship or tuition grant under this section shall be allowed to attend any qualified school of their custodians' choice.
E. For the purposes of this section, "qualified student" means a student, including a student who previously qualified for an educational scholarship or tuition grant under this section and continues to attend a qualified school, who has been either:
1. Placed in foster care pursuant to title 8, chapter 5 at any time before the student graduates from high school or obtains a general equivalency diploma.
2. Identified as having a disability under section 504 of the rehabilitation act (29 United States Code section 794) or identified at any time by a school district as a child with a disability as defined in section 15‑761 or a child with a disability who is eligible to receive services from a school district under section 15‑763.