Schools; allowing public school foundations to expend funds for certain purposes. Effective date. Emergency.

SB 1429 allows public school foundations (nonprofit organizations with 501(c)(3) status) to spend funds on specific educational purposes for public school districts. It permits foundations to cover teacher professional development, employee/student scholarships, literacy initiatives, STEM equipment/supplies, technology support, and staff conference fees. The bill takes effect July 1, 2026, and declares an emergency to expedite implementation. This directly affects school districts and foundations by expanding allowable uses of foundation funds for classroom and staff support.