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Rep. André Thapedi
Filed: 4/19/2016
| | 09900HB5918ham002 | | LRB099 15850 MLM 47821 a |
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| 1 | | AMENDMENT TO HOUSE BILL 5918
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| 2 | | AMENDMENT NO. ______. Amend House Bill 5918 as follows:
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| 3 | | on page 7, line 4, by replacing "$750 $250" with "$250"; and
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| 4 | | by replacing line 25 on page 7 through line 20 on page 8 with |
| 5 | | the following:
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| 6 | | "enrolled in the charter school. A loan shall be repaid by the |
| 7 | | end of the initial term of the charter school. The State Board |
| 8 | | may deduct amounts necessary to repay the loan from funds due |
| 9 | | to the charter school or may require that the local school |
| 10 | | board that authorized the charter school deduct such amounts |
| 11 | | from funds due the charter school and remit these amounts to |
| 12 | | the State Board, provided that the local school board shall not |
| 13 | | be responsible for repayment of the loan. The State Board may |
| 14 | | use up to 3% of the appropriation to contract with a non-profit |
| 15 | | entity to administer the loan program.".
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