Section § 18202

Explanation

This law establishes the Business Organizations and Opportunities for Kids Fund in California's State Treasury. It's meant for money donated by private entities to buy classroom reading materials. These donations are tax-exempt and count as charitable contributions according to federal and state laws. The funds can only be used if allocated in the state's annual budget or another legal act. The State Librarian, with the help of the Superintendent of Public Instruction, will manage how the money is spent, following guidelines in another section of the law.

(a)CA Education Code § 18202(a) A fund is hereby established in the State Treasury to be known as the Business Organizations and Opportunities for Kids Fund. Moneys donated by private entities for the purchase of classroom reading materials pursuant to this article shall be deposited into this fund. These donations shall be tax exempt and treated as a charitable contribution to the extent allowed under both federal and state law.
(b)CA Education Code § 18202(b) All moneys in the Business Organizations and Opportunities for Kids Fund are available for expenditure only upon an appropriation in the annual Budget Act or other act. The fund shall be administered by the State Librarian in consultation with the Superintendent of Public Instruction. The allocation and expenditure of money in the fund shall be consistent with Section 18203.

Section § 18203

Explanation

This law says that money set aside for certain educational purposes must be given equally to eligible school districts based on the number of students enrolled from kindergarten to 4th grade. Once the school district receives the funds, they must be distributed to each school with these grades. The schools need to use the money to buy books and reading materials that are suitable for these grade levels, following a specific library plan. The reading materials should include both fiction and nonfiction books as well as magazines, but not textbooks.

(a)CA Education Code § 18203(a) Funds appropriated for the purposes of this article shall be apportioned to eligible school districts in an equal amount per enrollment reported in the second principal apportionment of the prior fiscal year for kindergarten or any of grades 1 to 4, inclusive. Upon receiving an apportionment, a school district shall allocate these funds to each schoolsite that maintains a kindergarten or any of grades 1 to 4, inclusive. The schoolsite shall expend the funds for the purchase of grade-level appropriate reading materials in accordance with the districtwide kindergarten and grade 1 to grade 4, inclusive, classroom library plan required by Section 18201.
(b)CA Education Code § 18203(b) For the purposes of this article, “grade-level appropriate reading materials” means nontextbook fiction and nonfiction books and periodicals.