SB 976 – This act creates the Race to the Top Fund, in which all funds received from the federal government through the Race to the Top Program will be deposited. Prior to the distribution of any such funds, the Commissioner of Education must appear before the Joint Committee on Education and present the proposed distribution of funds. The Joint Committee must approve or deny, by majority vote, the Commissioner's proposed distribution.
This act contains an emergency clause.
This act is identical to provisions contained in SCS/HB 1903 (2010) and is identical to HB 2303 (2010).