DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 502 Original 2016 Regular Session Smith Abstract: Requires the State Bd. of Elementary and Secondary Education to prepare, post on its website, and allow public testimony pertaining to a fiscal impact study prior to making a determination relative to a Type 2 charter school proposal. Present law defines seven types of charter schools and provides a chartering process for each type. Provides that a Type 2 charter school is a new or preexisting public school operated pursuant to a charter between a nonprofit corporation and the State Bd. of Elementary and Secondary Education (BESE). Relative to proposals for Type 2 charter schools, present law requires BESE to notify the local school board of the district in which the proposed charter school would be located about the receipt of such proposal. Proposed law retains present law. Present law requires that the local school board and other interested groups be allowed to provide written information regarding the proposal and present information at a scheduled public BESE meeting prior to any BESE determination. Proposed law requires BESE, prior to a determination relative to a Type 2 charter proposal, to do each of the following: (1)Prepare and publish on its website a fiscal impact study relative to the fiscal impact such proposed charter school would have on the local school district. (2) Allow groups and individuals to provide written information and testimony on both the proposal and the study, at a public BESE meeting. (Amends R.S. 17:3983(A)(3)(b))