Vote Smart's Synopsis:

Vote to an amended bill that establishes the "Summer Success" Pilot Program.

Highlights:

• Defines “summer success program” as a program offered by a public school that provides traditional and alternative teaching methods to ensure that every student has access to a high-quality extended school year program that helps students improve their academic achievement and addresses the needs of students to demonstrate content area proficiency based on the student’s grade level (Sec. 1). 

• Defines “social impact bond” as a performance-based bond that operates over a fixed period of time and for which repayment to an investor is contingent upon a specific social outcome being achieved (Sec. 1).

• Authorizes the Commissioner to expend and disburse funds to provide grants for expanded access to summer success programs for elementary and secondary school students, beginning in fiscal year 2020-2021 and for each following fiscal year (Sec. 2).

Full Bill Text