This bill amends existing Florida statutes related to Pre-K-12 education, specifically focusing on scholarship accounts and funding for school districts. It revises the conditions under which funds in a student's scholarship account revert to the state, changing the previous requirement of inactivity for one consecutive fiscal year to a specific date of December 31, 2026. This aims to streamline the process of managing scholarship funds and ensure accountability in their use.

Additionally, the bill introduces a new provision for school districts experiencing a decline in enrollment. It establishes a "Declining Enrollment Supplement" that calculates additional funding based on the percentage of decline in unweighted Full-Time Equivalent (FTE) students. This calculation will provide a higher percentage for fiscally constrained districts compared to non-fiscally constrained ones, thereby addressing the financial challenges faced by districts with decreasing student populations. The act is set to take effect on July 1, 2026.

Statutes affected:
S 2514 pb: 1002.411