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 specified scholarship accounts revert to the state, changing the previous requirement of inactivity for one consecutive fiscal year to a new deadline of December 31, 2026. This change aims to streamline the management of 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," which calculates additional funding based on the percentage 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 Filed: 1002.411