(a) The Arkansas Advanced Placement and International Baccalaureate Diploma Incentive Program is hereby established, to be administered by the Commissioner of Elementary and Secondary Education.
(b) Contingent upon legislative appropriations and based on criteria established by the Division of Elementary and Secondary Education, schools participating in the program may be awarded a one-time equipment and instructional materials grant for providing an advanced placement course or a course offered under the International Baccalaureate Diploma Programme.
(c) Subject to legislative appropriations, a teacher participating in the advanced placement program, in the International Baccalaureate Diploma Programme, or in the preadvanced placement program may be awarded subsidized teacher training for advanced placement courses at a cost not to exceed six hundred fifty dollars ($650) per teacher.
(d)
(1) Contingent upon legislative appropriation and the availability of funding, the state may pay in full, or on a pro rata basis as determined under subdivision (d)(2) of this section, the cost of the advanced placement test fee or the equivalent test fee under the International Baccalaureate Diploma Programme, or both.
(2) The State Board of Education may create a sliding scale based on family income.
(e) The state board is authorized to promulgate rules necessary to implement this subchapter.