South Carolina General Assembly
118th Session, 2009-2010

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S. 695

STATUS INFORMATION

General Bill
Sponsors: Senator Davis
Document Path: l:\council\bills\ms\7325ahb09.docx

Introduced in the Senate on April 14, 2009
Currently residing in the Senate Committee on Education

Summary: Charter schools

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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   4/14/2009  Senate  Introduced and read first time SJ-9
   4/14/2009  Senate  Referred to Committee on Education SJ-9

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

4/14/2009

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 59-40-140, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DISTRIBUTION OF RESOURCES TO CHARTER SCHOOLS, SO AS TO PROVIDE THAT THE SOUTH CAROLINA CHARTER SCHOOL DISTRICT SHALL DISTRIBUTE TWO HUNDRED PERCENT OF THE CURRENT YEAR'S BASE STUDENT COST TO CHARTER SCHOOLS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 59-40-140(B) of the 1976 Code, as last amended by Act 274 of 2006, is further amended to read:

"(B)    The South Carolina Public Charter School District shall receive and distribute state funds to the charter school as determined by the following formula: two hundred percent of the current year's base student cost, as funded by the General Assembly, multiplied by the weighted students enrolled in the charter school, which must be subject to adjustment for student attendance and state budget allocations. These state funds are in addition to other funds to be received and distributed by the South Carolina Public Charter School District pursuant to subsections (C) and (D) of this section and Section 59-40-220(A). However, the South Carolina Public Charter School District may not retain more than two percent of its gross revenue for its internal administrative and operating expenses."

SECTION    2.    This act takes effect upon approval by the Governor.

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