_________________ moved that HB 1078 be amended as follows:
"
"
Section 3. There is hereby created the Excess General Fund Balance Oversight Board. The
board shall consist of five members, appointed by the secretary of the Department of Education
and Cultural Affairs.
Section 4. That chapter 13-13 be amended by adding thereto a NEW SECTION to read as
follows:
Section 5. Any school district anticipating that its ending general fund cash balance will be
in excess of the amounts provided for in section 4 of this Act may apply to the Excess General
Fund Balance Oversight Board for a waiver from all or part of the reduction in state aid to
education provided for in section 14 of this Act. A school district applying for a waiver shall
provide the Excess General Fund Balance Oversight Board with a detailed accounting and
reasons for anticipating that the school district's ending general fund cash balance will be in
excess of the amount provided for in section 4 of this Act.
Section 6. The Excess General Fund Balance Oversight Board may grant a waiver for all or
part of the reduction in state aid to education provided for in section 4 of this Act. The board
may request additional information from a school district and shall arrive at a decision within
three weeks after receiving an application from a school district or any additional information
requested by the board.
"Section 8. Any teacher who teaches in a public school in South Dakota and who has
obtained certification by the National Board for Professional Teaching Standards shall receive
a payment of one thousand dollars from the Department of Education and Cultural Affairs as
partial reimbursement for costs incurred in completing the certification process. If the teacher
does not remain a teacher in a South Dakota public school for at least three years following such
certification, the teacher shall refund the payment.
Section 9. In addition to the reimbursement provided pursuant to section 8 of this Act, any
teacher who teaches in a public school in South Dakota and who has obtained certification by
the National Board for Professional Teaching Standards shall receive a payment of two
thousand dollars per year from the Department of Education and Cultural Affairs for the
duration of the certification, not to exceed ten years. A teacher is eligible for payment under this
section only if the teacher teaches in a public school in South Dakota.
Section 10. Any teacher who teaches in a public school in South Dakota and who has
obtained certification by the National Board for Professional Teaching Standards is exempt
from any state certification renewal requirements and any other requirements for additional
academic training for the duration of the national certification.
Section 11. Sections 8, 9, and 10 of this Act are effective on July 1, 2001.
Section 12. The Department of Education and Cultural Affairs may promulgate rules
pursuant to chapter 1-26 to define general fund balances for the purposes for which the term is
used in this Act and criteria for the Excess General Fund Oversight Board to grant waivers.
"