Bill: HB 1955 — 2017
Increasing the dependability of the guaranteed education tuition program (Bergquist, Pollet, Ortiz-Self)
Establishes the guaranteed education tuition dependability act. Requires the governing body, for the 2017-2018 academic year, to set the payout value for tuition units redeemed during that academic year to one hundred twenty dollars per tuition unit. Requires the payout value of a tuition unit, when the funded status of the program is equal to or greater than one hundred ten percent, to increase by three percent annually beginning with the 2018-2019 academic year. Requires the payout value of a tuition unit, when the funded status of the program is below one hundred ten percent, to increase by one percent annually.
WA State Legislature Link:
http://app.leg.wa.gov/billsummary?BillNumber=1955&Year=2017 (opens a new browser tab)