Senate Amendment 62
H 5100 - Session 125 (2023-2024)
Budget

S E N A T E A M E N D M E N T

   AMENDMENT NO. _____

310896031496000/AM

CREATEDATE \@ "MMMM d, yyyy" \* MERGEFORMAT April 23, 2024

Clerk of the Senate

   ADOPTION NO. _____

BILL NO: H.5100  (Reference is to Printer's Date 04/23/24-S.)

04572000 

 Senator SETZLER proposes the following amendment (AM CHARTER SCHOOL AUTHORIZER):

 Amend the bill, as and if amended, Part IB, Section 1, DEPARTMENT OF EDUCATION, page 309, after line 31, by adding an appropriately numbered new proviso to read:

/ (SDE: Charter Authorizer Fees) From the funds appropriated, the South Carlina Public Charter School District and a public or independent institution of higher learning sponsor of a charter school may retain no more than two percent of the total state appropriations for each charter school it authorizes to cover the costs for overseeing its charter schools. The sponsor's administrative fee does not include costs incurred in delivering services that a charter school may purchase at its discretion from the sponsor. The sponsor's fee is not applicable to federal money or grants received by the charter school. The sponsor shall use its funding provided pursuant to this proviso exclusively for the purpose of fulfilling sponsor obligations in accordance with applicable charter school law./ 

 Amend sections, totals and title to conform.