Bill > S1672

This bill makes several changes to the laws governing charter schools in Florida: 1. It requires charter school applicants to provide proof that the entity financing the charter school has a bond rating of at least A- by a nationally recognized source, and allows a school district that submits a conversion charter school application without a bond rating to receive up to $30,000 in state funds to create an implied general obligation rating. 2. It authorizes, rather than requires, a school district to distribute specified capital outlay funding to eligible charter schools within the district, and changes the deadline for such distribution from February 1, 2018 to no later than February 1 of each year. 3. It limits the use of eminent domain for public school purposes to "traditional public schools", excluding charter schools. 4. It allows school districts to use discretionary millage revenue, at their discretion, to fund charter schools, rather than being required to do so. Overall, the bill provides more flexibility for school districts in their funding and support of charter schools, while also imposing additional financial requirements on charter school applicants.

Education

http://www.flsenate.gov/Session/Bill/2018/1672