This bill amends the Tax Equity and Educational Opportunities Support Act to allow 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 allowing for these budgetary adjustments, the legislation aims to support the recruitment and retention of future educators by providing financial assistance to student teachers and interns, thereby enhancing the educational workforce in Nebraska.

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