A BILL TO BE ENTITLED
AN ACT to increase funding for academically or intellectually gifted children.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the Department of Public Instruction the sum of two million nine hundred twenty‑nine thousand eight hundred fifty dollars ($2,929,850) for the 2009‑2010 fiscal year and the sum of two million nine hundred twenty‑nine thousand eight hundred fifty dollars ($2,929,850)  for the 2010‑2011 fiscal year to increase funding for academically or intellectually gifted students. The State Board of Education shall allocate funds for academically or intellectually gifted children on the basis of one thousand two hundred thirteen dollars and seven cents ($1,213.07) per child.  Each local school administrative unit shall receive funds for a maximum of four percent (4%) of its 2009‑2010 allocated average daily membership, regardless of the number of children identified as academically or intellectually gifted in the unit.
SECTION 2.  This act becomes effective July 1, 2009.