Establishes a fund for matching school district expenditures of reserve moneys to increase teacher salaries

HB 944 creates a state fund to match school districts' use of their own reserve funds for increasing teacher salaries. School districts must first maintain at least $100,000 in reserves, then use their own reserve funds to raise salaries before applying for a state match. The state will match dollar-for-dollar up to $1 million per district annually, but districts cannot deplete reserves below legal minimums or use the match to replace existing salary funding. This policy directly affects public school districts in the state by providing supplemental funding for teacher pay increases, contingent on their own financial contributions from reserves.