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MN SF1311
MN SF1311Charter schools and charter school authorizers requirement to publish financial information
summary
Introduced
02/13/2025
02/13/2025
In Committee
02/13/2025
02/13/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to education; requiring charter schools and charter school authorizers to publish financial information; amending Minnesota Statutes 2024, sections 124E.03, by adding a subdivision; 124E.16, by adding subdivisions.
AI Summary
This bill requires charter schools and their authorizers to enhance financial transparency by mandating the publication of specific financial documents. Under the proposed legislation, charter schools must publish their annual school budgets in accordance with existing state statutes (section 123B.10, subdivision 1), submit these budgets to the state commissioner, and publicly post their annual state and federal tax filings on their respective websites. The bill aims to increase accountability and provide greater public access to financial information about charter schools and their authorizing entities. By requiring these transparency measures, the legislation seeks to give stakeholders, including parents, educators, and community members, more insight into the financial operations of charter schools. The new provisions would apply to both charter schools and their authorizers, ensuring that financial documents are readily available for public review.
Committee Categories
Education
Sponsors (3)
Last Action
Author added Mitchell (on 03/20/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1311&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1311&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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