92nd General Assembly
Summary of SB0636
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Status
Senate Sponsors:

House Sponsors:

Short description: 
SCH CD-NEW CHARTER SCHOOLS                                                 

Synopsis of Bill as introduced:
        Amends the Charter Schools Law of the School Code.   Removes  the      
   limit  on  the  number  of charter schools that may operate at any one      
   time in the City of Chicago.  Requires the State Board of Education to      
   provide information  to  persons  and  groups  preparing  or  revising      
   charter  applications that clearly details the process, timelines, and      
   criteria used to prepare and revise charter applications; allows other      
   information, such as links to external resource organizations, to also      
   be provided. Provides that a grant or loan from the Board for start-up      
   costs may not exceed $500 (instead of $250) per  student  enrolled  in      
   the charter school.                                                         
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          105 ILCS 5/27A-4                                                     
          Adds reference to:                                                   
          105 ILCS 5/34-49                from Ch. 122, par. 34-49             
        Deletes everything after  the  enacting  clause.   Reinserts  the      
   contents of the bill with the following changes.  Restores current law      
   concerning the limit on the number of charter schools that may operate      
   at  any  one  time in the City of Chicago.  Allows a charter school to      
   (i) borrow money without regard to any referendum  requirements,  (ii)      
   issue bonds, notes, and other obligations, and (iii) secure any of its      
   obligations  by  pledge, mortgage, or deed on its property. Allows the      
   governing body of a charter school to  pledge,  as  security  for  the      
   payment   of  its  obligations,  grants,  other  revenues,  gifts,  or      
   donations expected to be received by the charter school  from  certain      
   sources. Allows a school board to guarantee the repayment or otherwise      
   enhance the credit of the debt obligations of a charter school.  Makes      
   changes concerning State financing.                                         
          FISCAL NOTE, S-AM 1 (State Board of Education)                       
          The costs will be approximately $5-6 million increase over the       
          proposed $10 million for the Charter School Grant (transition        
          impact aid, no additional cost; start-up grants, $5-6 million        
          increase due to the start-up grants increasing from up to $250       
          per enrollee to a flat $1,000). These costs are based on pro-        
          posed charter school enrollments for 2001-2002 school year           
          under current legislation. (Note: SB 78 has Chicago increasing       
          from 15 to 30 charters.) The out-year costs will also increase       
          since the start-up costs go every year regardless of the char-       
          ter's length.                                                        
          FISCAL NOTE, S-AM 2 (State Board of Education)                       
          Same as previous note.                                               
        SENATE AMENDMENT NO. 2.                                                
        Provides that the grants to charter  schools  for  certain  costs      
   shall  not  exceed  $1,000  per student enrolled in the charter school      
   (instead of requiring the grants to be in the  amount  of  $1,000  per      
   student enrolled in the charter school).                                    
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   2


 Full Text  Bill Status