Senator FANNING proposed the following amendment (WAB\419C034.AGM.WAB20):

Amend the bill, as and if amended, by adding an appropriately numbered penultimate SECTION to read:

/ SECTION___. Chapter 40, Title 59 of the 1976 Code is amended by adding:

"Section 59 -40-237.(A) If a charter school fails to meet any of the provisions of this chapter, the State Superintendent of Education may direct the authorizer of that charter school to withhold not less than ten percent but not more than fifty percent of state funding from that school, depending on the severity of the violation. The determination of exactly what amount to withhold is within the sole discretion of the State Superintendent of Education.

(B) The State Department of Education shall withhold all future revenues from an authorizer that fails to timely comply with a directive by the State Superintendent of Education to withhold funds from a charter school made pursuant to subsection (A). If an authorizer whose funds have been suspended by the department subsequently fully complies with the directive, the department may resume the provision of funding to the authorizer.

(C) The provisions of this section apply notwithstanding another provision of law." /