This amendment provides $4.8 million the second year from the general fund to increase the state's allocation from $2.4 million to $7.2 million in funding for a targeted extended school year incentive. Funding is based on start-up grants of up to $300,000 per school up to a total of three years. The grant award may be up to $400,000 in the case of schools that are in a Denied Accreditation status. Except for any school that has a Denied Accreditation status, all other participating schools shall be required to provide a 20% local funding match. After the third consecutive year of successful participation, an eligible school's grant amount shall be based on a shared split of the grant between the state and participating school division's local composite index. All participating schools shall be required to submit an evaluation assessment report of the planning and progress of the extended year or year round model implemented no later than August 1 each year to the Department of Education (DOE). The DOE is directed to develop the appropriate and effective evaluation matrix for school divisions to use. In addition, the DOE is directed to also submit the evaluation reports from the participating school divisions to the Chairmen of the House Appropriations and Senate Finance Committees no later than October 1 each year. To date, at least 31 schools in 13 divisions either have extended year programs, have been awarded planning grants or start-up grants, or have expressed interest in such programs.