LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 7265 NOTE PREPARED: Jan 3, 2025
BILL NUMBER: SB 348 BILL AMENDED:
SUBJECT: Waiving requirements for accredited schools.
FIRST AUTHOR: Sen. Buchanan BILL STATUS: As Introduced
FIRST SPONSOR:
FUNDS AFFECTED: GENERAL IMPACT: Pending
DEDICATED
FEDERAL
Summary of Legislation: Requires (instead of allows) the state board of education (state board) to approve
an application to waive compliance with certain provisions requested by a school or group of schools under
the performance based accreditation law. Requires the state board to do the following: (1) Review each
compliance waiver request at least once every three years (instead of periodically). (2) Suspend or revoke
a compliance waiver if the state board determines that the school or group of schools has not demonstrated
an improvement in student academic performance.
Effective Date: July 1, 2025.
Explanation of State Expenditures: As of the above date, the fiscal analysis of this bill has not been
completed. Please contact the Office of Fiscal and Management Analysis for an update of this fiscal impact
statement.
Explanation of State Revenues:
Explanation of Local Expenditures:
Explanation of Local Revenues:
State Agencies Affected:
Local Agencies Affected:
Information Sources:
Fiscal Analyst: Kelan Fong, 317-232-9592.
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