Florida Senate - 2024 SB 748 By Senator Davis 5-01345-24 2024748__ 1 A bill to be entitled 2 An act relating to charter school capital outlay 3 funding; amending s. 1013.62, F.S.; requiring a 4 charter school to provide certain information to its 5 sponsor to be eligible to receive capital outlay 6 funds; providing that a charter school is ineligible 7 for such funds if it fails to provide such 8 information; providing an effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Subsection (1) of section 1013.62, Florida 13 Statutes, is amended to read: 14 1013.62 Charter schools capital outlay funding.— 15 (1) Charter school capital outlay funding shall consist of 16 state funds when such funds are appropriated in the General 17 Appropriations Act and revenue resulting from the discretionary 18 millage authorized in s. 1011.71(2). 19 (a) To be eligible to receive capital outlay funds, a 20 charter school must: 21 1.a. Have been in operation for 2 or more years; 22 b. Be governed by a governing board established in the 23 state for 2 or more years which operates both charter schools 24 and conversion charter schools within the state; 25 c. Be an expanded feeder chain of a charter school within 26 the same school district that is currently receiving charter 27 school capital outlay funds; 28 d. Have been accredited by a regional accrediting 29 association as defined by State Board of Education rule; 30 e. Serve students in facilities that are provided by a 31 business partner for a charter school-in-the-workplace pursuant 32 to s. 1002.33(15)(b); or 33 f. Be operated by a hope operator pursuant to s. 1002.333. 34 2. Have an annual audit that does not reveal any of the 35 financial emergency conditions provided in s. 218.503(1) for the 36 most recent fiscal year for which such audit results are 37 available. 38 3. Have not earned two consecutive grades of “F,” three 39 consecutive grades below a “C,” or two consecutive school 40 improvement ratings of “Unsatisfactory.” 41 4. Have received final approval from its sponsor pursuant 42 to s. 1002.33 for operation during that fiscal year. 43 5. Serve students in facilities that are not provided by 44 the charter school’s sponsor. 45 6. Attest in writing to the department that if the charter 46 school is nonrenewed or terminated, any unencumbered funds and 47 all equipment and property purchased with public funds shall 48 revert pursuant to subsection (5). 49 7. Provide relevant leases and written documentation to its 50 sponsor to provide verification that capital outlay funding will 51 be used pursuant to subsection (4). 52 (b) A charter school is not eligible to receive capital 53 outlay funds if: 54 1. It was created by the conversion of a public school and 55 operates in facilities provided by the charter school’s sponsor 56 for a nominal fee, or at no charge, or if it is directly or 57 indirectly operated by the school district; 58 2. It is a developmental research (laboratory) school that 59 receives state funding for capital improvement purposes pursuant 60 to s. 1002.32(9)(e);or61 3. A member of the governing board, or his or her family 62 member as defined in s. 440.13(1)(b), has an interest in or is 63 an employee of the lessor, excluding charter schools operating 64 pursuant to s. 1002.33(15); or 65 4. The charter school fails to provide its sponsor with the 66 relevant leases and documentation required under subparagraph 67 (a)7. 68 Section 2. This act shall take effect July 1, 2024.