161.133 Teachers' national certification incentive trust fund -- Purposes --
307 words·~1 min read·
/ky/161-133A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Appropriations.
(1)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.
(2)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.
(3)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.
(4)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.