Bill

Bill > SF1311


MN SF1311

MN SF1311
Charter schools and charter school authorizers requirement to publish financial information


summary

Introduced
02/13/2025
In Committee
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)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...