§ 6-17-1603 - Yearly incentive bonus. - Arkansas Statutes

6-17-1603. Yearly incentive bonus.

(a) The Department of Education shall promulgate rules and regulations for the nine thousand dollar ($9,000) yearly incentive bonus provided under this section for principals receiving master school principal status.

(b) The department shall pay a yearly incentive bonus of nine thousand dollars ($9,000) for every school year for no more than five (5) years to any building-level principal who:

(1) Receives a master school principal designation from the Arkansas Leadership Academy; and

(2) Is, at the time of receiving the bonus, employed full time as a building-level principal in an Arkansas public school district.