78R5219 BDH-D
By: Dutton H.B. No. 1146
A BILL TO BE ENTITLED
AN ACT
relating to a limitation on audits of an open-enrollment charter
school.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 12.1163, Education Code, is amended by
amending Subsection (a) and adding Subsection (c) to read as
follows:
(a) To the extent consistent with this section [Subsection
(b)], the commissioner may audit the records of:
(1) an open-enrollment charter school;
(2) a charter holder; and
(3) a management company.
(c) Unless the commissioner has specific cause to conduct an
additional audit, the commissioner may not conduct more than one
financial records audit and one administrative records audit of an
open-enrollment charter school during any fiscal year. For
purposes of this subsection, an audit of a charter holder or
management company associated with an open-enrollment charter
school is not considered an audit of the school.
SECTION 2. This Act takes effect September 1, 2003.