1.1 	A bill for an act
1.2 	relating to education; modifying sponsor fees assessed to charter schools;
1.3 	amending Minnesota Statutes 2006, section 124D.10, subdivision 15.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2006, section 124D.10, subdivision 15, is amended to 
1.6 	read:
1.7 		Subd. 15.Review and comment. (a) The department must review and comment on 
1.8 	the evaluation, by the sponsor, of the performance of a charter school before the charter 
1.9 	school's contract is renewed for another contract term. The sponsor must submit to the 
1.10 	commissioner timely information for the review and comment.
1.11 	(b) A sponsor shall monitor and evaluate the fiscal and student performance of the 
1.12 	school, and may for this purpose annually assess a charter school: (1) in its first, second, 
1.13 	or third year of operation up to $30 per student up to a maximum of $10,000; and (2) in its 
1.14 	fourth or a subsequent year of operation up to $10 per student up to a maximum of $3,500.
1.15 	a fee of up to 1.5 percent of the general education revenue formula allowance. The 
1.16 	commissioner shall deduct the sponsor fee from the general education revenue payable to 
1.17 	the charter school and shall pay that amount directly to the applicable sponsor following 
1.18 	a process and timeline to be determined by the commissioner. The commissioner shall 
1.19 	charge a sponsor fee for the charter schools sponsored by the department as provided for 
1.20 	in this section. The sponsor shall utilize the revenue provided for in this section only 
1.21 	for the costs of sponsoring charter schools.

1.22 	EFFECTIVE DATE. This section is effective for fiscal year 2009 and later.