Florida Senate - 2013                                    SB 1230
       By Senator Clemens
       27-00554-13                                           20131230__
    1                        A bill to be entitled                      
    2         An act relating to charter schools; amending s.
    3         1002.33, F.S.; providing that when a charter school is
    4         dissolved any unencumbered public funds from the
    5         school revert to the sponsor and other funds revert to
    6         the Department of Education to be redistributed among
    7         eligible charter schools; providing an effective date.
    9  Be It Enacted by the Legislature of the State of Florida:
   11         Section 1. Paragraph (e) of subsection (8) of section
   12  1002.33, Florida Statutes, is amended to read:
   13         1002.33 Charter schools.—
   15         (e) When a charter is not renewed or is terminated, the
   16  school shall be dissolved under the provisions of law under
   17  which the school was organized, and any unencumbered public
   18  funds, except for capital outlay funds and federal charter
   19  school program grant funds, from the charter school shall revert
   20  to the sponsor. Capital outlay funds provided pursuant to s.
   21  1013.62 and Federal charter school program grant funds that are
   22  unencumbered shall revert to the department to be redistributed
   23  among eligible charter schools. In the event a charter school is
   24  dissolved or is otherwise terminated, all district school board
   25  property and improvements, furnishings, and equipment purchased
   26  with public funds shall automatically revert revert to full
   27  ownership by the district school board, subject to complete
   28  satisfaction of any lawful liens or encumbrances. Any
   29  unencumbered public funds from the charter school, district
   30  school board property and improvements, furnishings, and
   31  equipment purchased with public funds, or financial or other
   32  records pertaining to the charter school, in the possession of
   33  any person, entity, or holding company, other than the charter
   34  school, shall be held in trust upon the district school board’s
   35  request, until any appeal status is resolved.
   36         Section 2. This act shall take effect July 1, 2013.