The bill H. 3297 proposes an amendment to the South Carolina Code of Laws by adding Section 59-40-250, which aims to provide additional funding for charter schools. Specifically, it mandates that charter schools authorized by the South Carolina Public Charter School District or an institution of higher education receive an extra one thousand dollars in per pupil funding. To qualify for this additional funding, the charter school must either be located in specific counties, including Allendale, Bamberg, Barnwell, and others, or have at least seventy-five percent of its students classified as living in poverty, as determined by the statewide poverty index.

Furthermore, the charter school must have received a rating of good or excellent on the academic achievement indicator from the South Carolina State Report Card in the previous academic year. This bill is designed to support schools in areas with higher poverty rates and to incentivize academic performance, thereby enhancing educational opportunities for students in these communities. The act will take effect upon approval by the Governor.

Statutes affected:
12/05/2024: 59-40-250
Latest Version: 59-40-250
12/06/2024: 59-40-250