I 111th CONGRESS 2d Session H. R. 5488 IN THE HOUSE OF REPRESENTATIVES June 9, 2010 Mr. Baca introduced the following bill; which was referred to the Committee on Education and Labor A BILL To require each authorized public chartering agency to publish on the Internet the financial expenditures of each charter school that is authorized or approved by such agency and receives Department of Education funding.

1.

Short title

This Act may be cited as the Charter School Transparency and Accountability Act.

2.

Publication of charter school financial expenditures

(a)

In general

Not later than 30 days after the end of each school year, each authorized public chartering agency shall publish on the Internet, in a form and manner to be specified by the Secretary of Education, a detailed breakdown of the financial expenditures with respect to such school year of each charter school authorized or approved by such agency that received, directly or indirectly, funds made available by the Secretary during such school year. (b)

Noncompliance

If an agency does not comply with subsection (a) with respect to each charter school authorized or approved by the agency, the Secretary shall cease to make Federal funds available to any charter school authorized or approved by the agency until the agency complies with such subsection. (c)

Definitions

For purposes of this section, the terms authorized public chartering agency and charter school have the meanings given such terms in section 5210 of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 7221i). (d)

Effective date

This section shall apply to school years that begin at least 60 days after the date of the enactment of this section.