Bill > H5182

This bill authorizes the Jasper County Council to provide local funding to charter schools within the county on a per-student basis, meaning the amount of money given would depend on the number of students enrolled. To be eligible for this funding, a charter school must meet several criteria: it must offer in-person classes at a physical location in Jasper County, have at least 60% of its students classified as economically disadvantaged, have its main campus located within 35 miles of a federal military base, have been operating continuously in the county for at least five years, and be in good financial standing with the entity that authorized its charter. The bill also clarifies that the Jasper County Council has the discretion to designate and allocate any county revenue source, including funds received from Fee-in-Lieu of Taxes (FILOT) agreements, to these eligible charter schools. FILOT agreements are a way for businesses to pay a fixed fee instead of traditional property taxes, often in exchange for economic development incentives.

https://www.scstatehouse.gov/billsearch.php?billnumbers=5182&session=126&summary=B