This bill modifies provisions in the Charter School Credit Enhancement Program.
This bill:
- modifies criteria for qualifying charter schools under the Charter School Credit Enhancement Program;
- expands evaluation standards for charter school operating history;
- specifies financial metrics for program qualification;
- establishes additional requirements for annual program certification;
- establishes credit rating-based maintenance fees for participating charter schools;
- creates parameters for state appropriation repayment procedures; and
- makes technical changes.

Statutes affected:
Introduced: 53F-9-203
Substitute #1: 53G-5-606, 53G-5-609