Bill Text: TX HB3518 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to open-enrollment charter school facilities.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2017-03-31 - Referred to Public Education [HB3518 Detail]
Download: Texas-2017-HB3518-Introduced.html
| 85R12774 KKA-F | ||
| By: Gervin-Hawkins | H.B. No. 3518 | |
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| relating to open-enrollment charter school facilities. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 12.106, Education Code, is amended by | ||
| adding Subsection (d) to read as follows: | ||
| (d) In addition to other amounts provided by this section, a | ||
| charter holder is entitled to receive, for the open-enrollment | ||
| charter school, funding per student in average daily attendance in | ||
| an amount equal to the guaranteed level of state and local funds per | ||
| student per cent of tax effort under Section 46.032(a) multiplied | ||
| by the state average interest and sinking fund tax rate imposed by | ||
| school districts for the current year. | ||
| SECTION 2. Subchapter D, Chapter 12, Education Code, is | ||
| amended by adding Section 12.1062 to read as follows: | ||
| Sec. 12.1062. FINANCIAL ASSISTANCE FOR FACILITIES. (a) | ||
| Using funds appropriated or otherwise available for the purpose, | ||
| the commissioner shall develop and implement a program under which | ||
| the state provides financial assistance to a charter holder seeking | ||
| to construct or acquire adequate facilities for student | ||
| instruction. | ||
| (b) The program may include: | ||
| (1) the provision of forgivable loans, including loans | ||
| for a period of not more than 25 years structured so that each year | ||
| that the charter holder successfully operates the open-enrollment | ||
| charter school, the charter holder is released from the obligation | ||
| to pay that year's portion of the loan; | ||
| (2) a loan guarantee process for a charter holder that | ||
| has successfully operated an open-enrollment charter school for at | ||
| least five years; and | ||
| (3) the provision of assistance to charter holders in | ||
| obtaining loans for facilities directly from private lenders. | ||
| (c) The commissioner shall adopt rules necessary to | ||
| implement this section. | ||
| SECTION 3. Section 12.128, Education Code, is amended by | ||
| amending Subsection (c) and adding Subsection (c-1) to read as | ||
| follows: | ||
| (c) Except as provided by Subsection (c-1), the [ |
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| commissioner shall: | ||
| (1) take possession and assume control of the property | ||
| described by Subsection (a) of an open-enrollment charter school | ||
| that ceases to operate; and | ||
| (2) supervise the disposition of the property in | ||
| accordance with law. | ||
| (c-1) A charter holder may retain property described by | ||
| Subsection (a) after the open-enrollment charter school ceases to | ||
| operate if the charter holder operated the school for at least four | ||
| years before it ceased to operate. A charter holder that retains | ||
| property under this subsection must use the property for a | ||
| charitable purpose. | ||
| SECTION 4. This Act takes effect September 1, 2017. | ||
