AN ACT TO AMEND SECTION 37-28-7, MISSISSIPPI CODE OF 1972, TO RECONSTITUTE THE CHARTER SCHOOL AUTHORIZER BOARD TO ESTABLISH TERMS OF OFFICE; TO AMEND SECTION 37-28-11, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR AN ANNUAL GENERAL FUND APPROPRIATION OF FUNDS AND PINS TO THE CHARTER SCHOOL AUTHORIZER BOARD; TO AMEND SECTION 37-28-55, MISSISSIPPI CODE OF 1972, TO REQUIRE THE CHARTER SCHOOL AUTHORIZER BOARD AND STATE DEPARTMENT OF EDUCATION TO CONSTITUTE A FORMULA THAT REQUIRES LOCAL AD VALOREM CONTRIBUTIONS TO CHARTER SCHOOLS BE RECONCILED EACH YEAR IN THE SAME MANNER AS MISSISSIPPI ADEQUATE EDUCATION PROGRAM PAYMENTS AND TO MAKE THE PRO RATA DISTRIBUTION OF LOCAL AD VALOREM FUNDS EQUITABLE BETWEEN THE SCHOOL DISTRICTS AND THE CHARTER SCHOOLS; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 37-28-7, 37-28-11, 37-28-55