Senate Bill 8 – Short Summary

Senate Bill 8

February 22, 2011

A summary of Senate Bill 8, No Cap on Number of Charter Schools follows:

Eliminates the cap of 100

Establishes a North Carolina Public Charter Schools Commission (“Commission”) to authorize, monitor, and report on all charter activity.

Adds to “purposes” of charter law the “replication of successful charter schools”

Increases the minimum items to be included in a charter application significantly

Removes the authorization of charters from the SBE, the LEAs, and the universities

Removes enrollment growth limits

Allows an LEA to convert a district school to a charter and receive the same exemptions as a charter

Allows for out of state students to attend NC charters if paying full per pupil allotment (limited to 10% of enrollment at school)

Allows for establishment of charters  designed for limited targeted groups, at risk, same gender, etc.

Provides for remaining assets purchased with public funds, after dissolution of a charter, to revert to LEA only after creditors are satisfied

Removes administrative hearing review process for revocations and non-renewals

Provides for the acquisition and leasing of realty and equipment with state funds

Allows for supplemental taxes to follow the charter student regardless of where he goes

Requires an LEA to give an accounting of funds to charters within 15 days of receipt and to pay a penalty of 1% for failure to do so

Allows for counties to give funds to charters for real estate acquisition or lease

Closes loophole previously blocking tax exempt status for charter facilities owned by non-profit but leased to charter

Restates the definition of the “local current expense fund” to include items previously removed in the 2010 Budget Act, thereby increasing charter local allotments

Allows for counties to allocate lottery funds to charters for facilities

Allows counties to appropriate local funds to charters for facilities