HB5686 HFA Hornbuckle 3-3 #1
Altizer- 3259
Delegate Hornbuckle moves to amend the bill on page 1, Section 6a, line 1 before the word "Notwithstanding" by inserting the subsection designation "(a)"
And,
On page 1, line 6, following the period by inserting a new subsection (b) to read as follows:
"(b) Family income-based adjustments to Hope Scholarship awards-
(1) The quarterly payments shall be adjusted based on the family income of each recipient to ensure sufficient funding is available for all county public schools. The Board shall award Hope Scholarships based on income-based eligibility for students as follows:
(A) For any family making $75,000 or less receives full award;
(C) For any family making $100,000 to $125,000 receives 50% of full award;
(D) For any family making $125,000 to $150,000 receives 25% of full award; and
(F) For any family making more than $150,000 is ineligible for an award.
(2) Each parent making an application for a Hope Scholarship shall submit the family's most recent tax documents or information as required by the board to determine the eligibility of the child or children for a Hope Scholarship for the upcoming school term year. The Board shall establish protocols and directives to ensure that all tax information is used solely to determine eligibility and shall preserve confidentiality of all personal tax and income information."