2088-S.E AMS MCAU HOVD 031
ESHB 2088 - S AMD TO S COMM AMD (S-3088.1) 474
By Senators McAuliffe, Hobbs
NOT ADOPTED 05/25/2011
On page 7, line 35, after "act" insert ", the Washington award for vocational excellence established in chapter 28C.04 RCW, and the Washington scholars program established in chapter 28A.600 RCW"
On page 8, after line 15, insert the following:
"(5) Each fiscal year, expenditures from any state appropriations to the opportunity scholarship match transfer account shall be allocated as follows:
(a) Unless other state general fund moneys are appropriated for new awards in at least the amount specified in this subsection (a), eight hundred fifty thousand dollars to the higher education coordinating board for new awards to eligible students in the Washington award for vocational excellence established in chapter 28C.04 RCW and the Washington scholars program established in chapter 28A.600 RCW. If the amount allocated in this subsection (a) is insufficient to fund the full amount of all new awards for eligible students, then the new awards shall be reduced proportionally in a manner that reflects the cost differential between the two award programs; and
(b) The remaining moneys to the opportunity scholarship program."
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EFFECT: Modifies the state match requirement so that $850,000 each fiscal year is directed to the Washington Award for Vocational Excellence and Washington Scholars program, unless a similar amount from other state general funds is provided for new awards. In the event that the $850,000 in each fiscal year is insufficient to fully fund all new awards, the new awards shall be reduced proportionally in a manner that reflects the cost differential between the two award programs. |
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