Staff Analysis of the Legislation
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SB 156 (Sen. Tippins-R, Wilkinson-R, Millar-R, Shafer-R, Stone-R, and Williams-R) Adds a new Code section 20-2-2-92 which authorizes the State Charter School Commission to incorporate a non profit foundation to be designated the State Charter Schools Foundation for the sole purpose of actively seeking suppleental revenue and in-kind goods, services, and property to promote state charter schools and any other purpose of the commission. Funds received by the foundation may be awarded through a competitive grant process administered by the State Charter Schools Commission. |