(January 15, 2004) - (Little Rock-AP) -- The Arkansas House fell one vote short on a bill that would have granted exceptional school principals incentive bonuses of up to 25 thousand dollars a year. Senator Dave Bisbee of Rogers, previously passed the Senate on a 29-0 vote but failed, 50-29, in the House. It would have established a master principal program under the Arkansas Leadership Academy run by the University of Arkansas in Fayetteville. The plan called for creation of a training program and principals who successfully completed the program would have been paid a bonus of nine thousand dollars a year for up to five years by the state Department of Education. In addition to the incentive bonus, master principals who work full-time at a school designated by the state as being in academic or financial distress would receive bonuses of $25,000 a year every year up to five years.