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2024 SESSION
24104091DBe it enacted by the General Assembly of Virginia:
1. That § 22.1-299.2 of the Code of Virginia is amended and reenacted as follows:
§ 22.1-299.2. National Teacher Certification Incentive Reward Program and Nationally Certified School Psychologist Program Fund.
A. From such funds as may be appropriated for such purpose and
from such gifts, donations, grants, bequests, and other funds as may be
received on its behalf, there is hereby established the National Teacher
Certification Incentive Reward Program (the
"Program") and the Nationally
Certified School Psychologist Program (collectively, the
Programs), to be administered by the Board of Education, and a special
nonreverting fund within the state treasury known as the National Teacher
Certification Incentive Reward Program and Nationally Certified
School Psychologist Program Fund (the
"Fund") (the Fund).
The Fund shall be established on the books of the Comptroller, and any moneys
remaining in the Fund at the end of the biennium shall not revert to the
general fund but shall remain in the Fund. Interest earned on such funds shall
remain in the Fund and be credited to it.
The State Treasurer shall manage the Fund, subject to the authority
of the Board of Education
to provide for its disbursement. The Fund shall be disbursed to award incentive
grants to public school teachers obtaining national certification from the
National Board for Professional Teaching Standards and to
school psychologists employed in the public schools of the Commonwealth
obtaining national certification from the National Association of School
Psychologists.
To the extent funds are available in the Fund, teachers and school psychologists who obtain national certification shall receive an initial state-funded award of $5,000 and a subsequent award of $2,500 each year for the life of the certificate. Such awards shall continue to be paid upon renewal of the certificate. The Board shall establish procedures for determining amounts of awards if the moneys in the Fund are not sufficient to award each eligible teacher and each eligible school psychologist the appropriate award amount.
B. The Board may issue guidelines governing the Program
Programs as it deems necessary and appropriate.