HB 373 -- GENERAL EDUCATIONAL DEVELOPMENT REVOLVING FUND

SPONSOR:  Wallace

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Elementary and Secondary Education by a vote of 14 to 0.

This bill creates the General Educational Development (GED)
Revolving Fund to be administered by the Commissioner of
Education.  The source of funds will be fees charged to GED test
applicants.  After appropriation, the moneys in the fund will be
used for the costs of test administration, which are specified in
the bill.  All moneys collected in cost-recovery activities will
be credited to the fund, moneys remaining at the end of the
biennium will not revert to the General Revenue Fund, and any
accruing interest will be credited to the GED Revolving Fund
annually.

FISCAL NOTE:  No impact on state funds in FY 2010, FY 2011, and
FY 2012.

PROPONENTS:  Supporters say that the test fees will be a stable
source of funds for the GED Program.  Currently, the Department
of Elementary and Secondary Education has been using career
education funding for the GED Program.  The creation of a fund
will help with cash flow.

Testifying for the bill were Representative Wallace; and
Department of Elementary and Secondary Education.

OPPONENTS:  There was no opposition voiced to the committee.

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:24 am