Senator MASSEY proposed the following amendment (3241R009.ASM):
    Amend the bill, as and if amended, by striking Section 59-40-175(B) and inserting:

/     (B) Funds deposited to the Charter School Facility Revolving Loan Program Fund must be used to finance loans by the South Carolina Department of Education to charter schools for the construction, purchase, renovation, and maintenance of public charter school facilities. The South Carolina Department of Education may be reimbursed from the fund for costs associated with the administration of the loans. The State Board of Education shall promulgate regulations concerning the application, approval, allocation, and repayment of the loans."         /

    Renumber sections to conform.
    Amend title to conform.