RÉSUMÉ DIGEST
Act 431 (HB 225) 2019 Regular Session Edmonds
New law provides a process for a nongovernmental charter school facility owner to dispose
of a school facility that was financed in whole or in part through tax exempt bonds that have
been paid in full. Requires the owner to first offer to transfer the title, at no cost, to the
charter operator that is operating a school within the facility and provides for the following
scenarios:
(1)If the charter operator declines the offer, the owner shall next offer to transfer the
title, at no cost, to the chartering authority. Provides that if the chartering authority
is the State Bd. of Elementary and Secondary Education (BESE), the following
requirements apply:
(a)If BESE declines the offer, the owner shall next offer to transfer the title, at
no cost, to the local school board of the school system within which the
facility is located.
(b)If BESE accepts the offer and later wishes to dispose of the facility, it shall
first offer to transfer the title, at no cost, to the local school board of the
school system within which the facility is located.
(2)If the charter operator accepts the offer, the transfer agreement shall stipulate that if
the operator ceases to operate a public school in the facility, the charter operator shall
transfer the title, at no cost, to the school's chartering authority.
New law further provides that an offer to transfer title pursuant to new law shall extend for
a period of not less than 60 days.
Effective August 1, 2019.
(Amends R.S. 17:3982(B)(1))