130th MAINE LEGISLATURE
		LD 1716		LR 2032(02)
	An Act To Ensure Full Payment of the State's Salary Supplement Obligation to Teachers with National Board Certification
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Education and Cultural Affairs
	Fiscal Note Required: Yes
Fiscal Note
			FY 2021-22	FY 2022-23	Projections  FY 2023-24	Projections  FY 2024-25
Net Cost (Savings)
	General Fund		$0	$0	$735,000	$735,000
Appropriations/Allocations
	Other Special Revenue Funds		$0	$0	$735,000	$735,000
Revenue
	General Fund		$0	$0	($735,000)	($735,000)
	Other Special Revenue Funds		$0	$0	$735,000	$735,000
Fiscal Detail and Notes
	This legislation increases the amount of funding to support the salary supplements to eligible teachers who attain certification from the National Board for Professional Teaching Standards by directing all revenue collected from teacher certification fees be deposited into the National Board Certification Salary Supplement Fund instead of the $335,000 that is currently required in statute, resulting in an estimated $735,000 reduction in General Fund revenue and a corresponding increase in dedicated revenue to the salary supplement fund beginning in fiscal year 2023-24.