Louisiana 2019 2019 Regular Session

Louisiana House Bill HB225 Comm Sub / Analysis

                    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 225 Original	2019 Regular Session	Edmonds
Abstract:  Requires charter school facilities financed through tax exempt bonds to be offered to
charter operators or local school boards under certain circumstances.
Present law requires local school boards to make available to chartering groups any vacant or slated-
to-be-vacant school facility for lease or purchase up to fair market value.  Provides that in the case
of a Type 2 charter school created as a result of a conversion, the facility and all property within the
existing school shall be made available to that chartering group. Requires the chartering group, in
return for the use of the facility and its contents, to pay a proportionate share of the local school
board's bonded indebtedness.
Proposed law provides that if the owner of a charter school facility that was financed through tax
exempt bonds and for which all such bonds have been repaid wishes to dispose of the facility, he
shall, prior to advertising the sale, offer the facility to the charter operator.  Provides that if the
charter operator declines, the owner shall next offer such facility to the local school board for
purchase.  Provides that the charter operator and the school board shall each be given 60 days to
exercise these options.
(Amends R.S. 17:3982(B)(1))