This bill establishes new provisions for educational scholarship programs in Florida, including the creation of a categorical fund for the Family Empowerment Scholarship Program and an educational enrollment stabilization program. It introduces Section 1011.687, which outlines the requirements for fund disbursement, defines a full-time equivalent student, and mandates the Department of Education to release funds based on compliance with specified criteria. The bill also amends existing statutes to rename the Hope Scholarship Program and enhance the operational framework for nonprofit scholarship-funding organizations, requiring them to provide comprehensive information to parents and ensuring that funds are used appropriately for educational purposes.

Additionally, the bill introduces several amendments to improve the management and distribution of scholarship funds, including new regulations for the application and approval process, verification of student eligibility, and the establishment of a payment schedule for scholarship awards. It emphasizes accountability by requiring organizations to maintain separate scholarship accounts for each student and undergo background screenings for personnel. The bill also modifies the Family Empowerment Scholarship Program, clarifying eligibility criteria and expanding authorized uses of program funds. Overall, the legislation aims to enhance transparency, efficiency, and accountability in Florida's scholarship programs while ensuring that students receive the necessary support for their educational needs.

Statutes affected:
S 318 Filed: 1002.40, 1002.421, 1003.485, 1008.25, 1010.305, 11.45, 212.099, 402.22, 1002.45, 1003.4935