SB 1728 proposes an appropriation of $500,000 from the state General Fund in fiscal year 2024-2025 to the Arizona Board of Regents (ABOR) to administer a dual enrollment instructor scholarship program. The bill outlines that these funds are to be used by ABOR to award scholarships to eligible teachers who seek to become dual enrollment instructors, with the scholarships covering up to the actual costs of the necessary educational or training programs. The bill exempts the appropriation from lapsing until July 1, 2027, at which point any unspent funds will revert to the state General Fund.

The bill also requires ABOR to submit annual reports starting in 2024, detailing the number of scholarship applicants, the names of school districts and charter schools with eligible teachers who received or applied for scholarships, and the average amount of scholarship monies awarded. The act defines "eligible teacher" as a certificated teacher employed by a school district or charter school that does not offer dual enrollment courses and where at least 75% of the students are eligible for free or reduced-price lunches. The bill is set to be repealed on December 31, 2028, and will become effective on the general effective date.