FUNDS/FUNDING: Dedicates certain tax revenue to provide for supplemental payments to certain public elementary and secondary school employees and establishes the Educational Compensation Fund. (7/1/25) (OR -$199,500,000 GF RV See Note)

SB 219 establishes the Educational Compensation Fund in Louisiana to dedicate specific tax revenues (from R.S. 47:302 and 321) for supplemental payments to public elementary and secondary school employees. It directly affects teachers and licensed staff (certificated personnel), who will receive a $2,000 annual supplement, and non-licensed staff (noncertificated personnel), who will receive $1,000, plus associated employer retirement contributions. Payments must be distributed by school districts no later than December 15 each year, and funds are protected from governor-imposed budget reductions. The fund becomes effective July 1, 2025, with monies invested like the general fund and interest credited back to the fund.