ENROLLED ACT No. 431 2019 Regular Session HOUSE BILL NO. 225 BY REPRESENTATIVE EDMONDS 1 AN ACT 2 To amend and reenact R.S. 17:3982(B)(1), relative to charter schools; to provide relative to 3 the disposition of charter school facilities financed through tax exempt bonds; to 4 require such facilities to be offered to charter operators or chartering authorities 5 under certain circumstances; and to provide for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 17:3982(B)(1) is hereby amended and reenacted to read as follows: 8 ยง3982. Local school boards; duties; Orleans Parish School Board; immovable 9 property; sale or lease 10 * * * 11 B.(1)(a) Local school boards shall make available to chartering groups any 12 vacant school facilities or any facility slated to be vacant for lease or purchase up to 13 fair market value. In the case of a Type 2 charter school created as a result of a 14 conversion, the facility and all property within the existing school shall be made 15 available to that chartering group. In return for the use of the facility and its 16 contents, the chartering group shall pay a proportionate share of the local school 17 board's bonded indebtedness to be calculated in the same manner as set forth in R.S. 18 17:1990(C)(2)(a)(i). If such facilities were constructed at no cost to the local school 19 board, then such facilities including all equipment, books, instructional materials, 20 and furniture within such facilities shall be provided to the charter school at no cost. 21 (b) If the nongovernmental owner of a charter school facility that was 22 financed, in whole or in part, through tax exempt bonds that have been paid in full 23 wishes to dispose of the facility, he shall offer the facility, inclusive of all buildings 24 and land, as follows: Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HB NO. 225 ENROLLED 1 (i) The owner shall, in accordance with applicable law, first offer to transfer 2 title to the facility, at no cost, to the charter operator operating a school within the 3 facility. 4 (ii) If the charter operator declines the offer, the owner of the facility shall 5 next offer to transfer title to the facility, at no cost, to the school's chartering 6 authority. If the chartering authority is the State Board of Elementary and Secondary 7 Education, the following requirements shall apply: 8 (aa) If the state board declines the offer, the owner shall next offer to transfer 9 title to the facility, at no cost, to the local school board of the school system within 10 whose geographic boundaries the facility is located. 11 (bb) If the state board accepts the offer and later wishes to dispose of the 12 facility, it shall first offer to transfer title to the facility, at no cost, to the local school 13 board of the school system within whose geographic boundaries the facility is 14 located. 15 (iii) If the charter operator accepts the offer, the transfer agreement shall 16 stipulate that if the charter operator acquires ownership of the facility pursuant to 17 Item (i) of this Subparagraph and at any time ceases to operate a public school in the 18 facility, the charter operator shall transfer title to the facility, inclusive of all 19 buildings and land, at no cost, to the school's chartering authority. 20 (iv) An offer by the owner of a charter school facility to transfer title to the 21 facility pursuant to this Subparagraph shall extend for a period of not less than sixty 22 days from the date the offer was made. 23 * * * SPEAKER OF THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.