The bill SB1455 seeks to make permanent certain authorized uses for contributions made to public schools under the Public School Extracurricular Activity Fees Tax Credit. Previously, Laws 2019, Chapter 164 had authorized additional purposes for contributions until June 30, 2022, which included the acquisition of specified capital items, community school meal programs, student consumable health care supplies, and playground equipment and shade structures. This was later extended to June 30, 2024, by Laws 2021, Ch. 412.

The new bill removes the expiration date of June 30, 2024, for these additional authorized contribution categories, effectively making them permanent. It also makes conforming changes and specifies that the act applies retroactively from and after June 30, 2024. If the bill results in a change to the amount of contributions, there may be a fiscal impact on the state General Fund.

Statutes affected:
Introduced Version: 43-1089.01
Senate Engrossed Version: 43-1089.01