This bill amends the Tax Equity and Educational Opportunities Support Act by allowing school districts in Nebraska to exceed their budget authority for general fund expenditures specifically for stipends paid to student teachers or interns completing a supervised teaching practicum. The new provision, inserted as section 79-1028.01(1)(o), enables districts to allocate funds for these stipends as part of their budgetary exclusions. Additionally, the bill modifies the School District Property Tax Limitation Act to exempt the portion of a school district's property tax request needed to pay for these stipends, as indicated in the amended section 79-3404.

The bill harmonizes existing provisions and repeals the original sections of the law that are being amended. By incorporating these changes, the legislation aims to support the recruitment and training of future educators in Nebraska, thereby enhancing the quality of education within the state.

Statutes affected:
Introduced: 79-1028.01, 79-3404