HISTORY: Former Section, titled Teacher and Employee Retention Incentive Program; operation, had the following history: 2001 Act No. 1, Part II, Section 2A1, eff January 1, 2001; 2005 Act No. 153, Pt II, Section 2, eff July 1, 2005; 2007 Act No. 112, Section 5, eff upon approval (became law without the Governor's signature on June 27, 2007); 2012 Act No. 278, Pt I, Section 15, eff July 1, 2012. Repealed by 2012 Act No. 278, Part I, Section 16, eff July 1, 2018.