For the purposes of this part, the following terms shall mean:

1. (1) "Arkansas Leadership Academy" is defined as a collaborative partnership which identifies and designates principals who meet rigorous standards by effectively demonstrating student learning in their schools as well as demonstrating high levels of knowledge, skills, dispositions, and commitments approved by the State Board of Education;

2. (2) "Building-level principal" means a principal who:

   1. (A) Holds a standard building-level administrator license from the Division of Elementary and Secondary Education or is working under an approved licensure exception; and
   2. (B) Serves as a full-time school principal in an Arkansas public school;
3. (3) "High-need public school" means an Arkansas public school that, at the time a master principal first becomes entitled to a high-need school salary bonus, is identified as failing to meet certain established levels of academic achievement under rules adopted by the State Board of Education;

4. (4)

   1. (A) "High-need school salary bonus" means an annual bonus to a master principal serving as a principal of a high-need public school.

   2. (B) High-need schools will be schools that are identified every three (3) years as in need of comprehensive support and improvement using the ESSA School Index score as approved in the Approved Arkansas Every Student Succeeds Act Plan:

      1. (i) Lowest performing five percent (5%) of all schools receiving Title I, Part A funds;
      2. (ii) High schools with a four-year Adjusted Cohort Graduation Rate below sixty-six and six hundred sixty-seven thousandths percent (66.667%);
5. (5) "Hold-back longevity bonus" means a portion of the high-need school salary bonus held back to be paid at the end of three (3) years and five (5) years of serving as a principal of the same high-need public school;
6. (6) "Incentive bonus" means a bonus paid to a master principal serving as a principal of any public school in the state; and
7. (7) "Successful completion" of the master school principal designation process is defined as officially being designated as a master principal by the Arkansas Leadership Academy.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules contained language at the end of the section that provided as follows: "Source: Ark. Code Ann.§ 6-17-1601"