‘‘(iii) to whom the school provides
room and board in a residential setting.’’.
SEC. 171. Section 2401(b)(3) of the District of Colum-
bia School Reform Act of 1995 (Public Law 104–134; 110
Stat. 1321–137; D.C. Code 31–2853.41(b)(3)) is amended
by adding at the end the following:
‘‘(C) 
ADJUSTMENT
FOR
FACILITIES
COSTS.—Notwithstanding paragraph (2), the
Mayor and the District of Columbia Council, in
consultation with the Board of Education and
the Superintendent, shall adjust the amount of
the annual payment under paragraph (1) to in-
crease the amount of such payment for a public
charter school to take into account leases or pur-
chases of, or improvements to, real property, if
the school, not later than April 1 of the fiscal
year preceding the payment, requests such an
adjustment.’’.
SEC. 172. (a) PAYMENTS
TO
NEW
CHARTER
SCHOOLS.—Section 2403(b) of the District of Columbia
School Reform Act of 1995 (Public Law 104–134; 110 Stat.
1321–140; D.C. Code 31–2853.43(b)) is amended to read
as follows:
‘‘(b) PAYMENTS TO NEW SCHOOLS.—
‘‘(1) ESTABLISHMENT OF FUND.—There is estab-
lished in the general fund of the District of Columbia
a fund to be known as the ‘New Charter School
Fund’.
‘‘(2) CONTENTS
OF
FUND.—The New Charter
School Fund shall consist of—
‘‘(A) unexpended and unobligated amounts
appropriated from local funds for public charter
schools for fiscal year 1997 and subsequent fiscal
years that reverted to the general fund of the
District of Columbia;
‘‘(B) amounts credited to the fund in ac-
cordance with this subsection upon the receipt by
a public charter school described in paragraph
(5) of its first initial payment under subsection
(a)(2)(A) or its first final payment under sub-
section (a)(2)(B); and
‘‘(C) any interest earned on such amounts.
‘‘(3) EXPENDITURES FROM FUND.—
‘‘(A) IN GENERAL.—Not later than June 1,
1998, and not later than June 1 of each year
thereafter, the Chief Financial Officer of the Dis-
trict of Columbia shall pay, from the New Char-
ter School Fund, to each public charter school de-
scribed in paragraph (5), an amount equal to 25
percent of the amount yielded by multiplying the
uniform dollar amount used in the formula es-
tablished under section 2401(b) by the total an-
ticipated enrollment as set forth in the petition
to establish the public charter school.
‘‘(B) 
PRO
RATA
REDUCTION.—If 
the
amounts in the New Charter School Fund for
any year are insufficient to pay the full amount
that each public charter school described in para-
graph (5) is eligible to receive under this sub-
section for such year, the Chief Financial Officer
of the District of Columbia shall ratably reduce
such amounts for such year on the basis of the
formula described in section 2401(b).
‘‘(C) FORM OF PAYMENT.—Payments under
this subsection shall be made by electronic funds
transfer from the New Charter School Fund to a
bank designated by a public charter school.
‘‘(4) CREDITS TO FUND.—Upon the receipt by a
public charter school described in paragraph (5) of—
‘‘(A) its first initial payment under sub-
section (a)(2)(A), the Chief Financial Officer of
the District of Columbia shall credit the New
Charter School Fund with 75 percent of the
amount paid to the school under paragraph (3);
and
‘‘(B) its first final payment under sub-
section (a)(2)(B), the Chief Financial Officer of
the District of Columbia shall credit the New
Charter School Fund with 25 percent of the
amount paid to the school under paragraph (3).
‘‘(5) SCHOOLS
DESCRIBED.—A public charter
school described in this paragraph is a public charter
school that—
‘‘(A) did not enroll any students during
any portion of the fiscal year preceding the most
recent fiscal year for which funds are appro-
priated to carry out this subsection; and
‘‘(B) operated as a public charter school
during the most recent fiscal year for which
funds are appropriated to carry out this sub-
section.
‘‘(6) AUTHORIZATION
OF
APPROPRIATIONS.—
There are authorized to be appropriated to the Chief
Financial Officer of the District of Columbia such
sums as may be necessary to carry out this subsection
for each fiscal year.’’.
(b) REDUCTION OF ANNUAL PAYMENT.—
(1) INITIAL PAYMENT.—Section 2403(a)(2)(A) of
the District of Columbia School Reform Act (Public
Law 104–134; 110 Stat. 1321–139; D.C. Code 31–
2853.43(a)(2)(A)) is amended to read as follows:
‘‘(A) INITIAL PAYMENT.—
‘‘(i) IN GENERAL.—Except as provided
in clause (ii), not later than October 15,
1996, and not later than October 15 of each
year thereafter, the Mayor shall transfer, by
electronic funds transfer, an amount equal
to 75 percent of the amount of the annual
payment for each public charter school de-
termined by using the formula established
pursuant to section 2401(b) to a bank des-
ignated by such school.
‘‘(ii) REDUCTION
IN
CASE
OF
NEW
SCHOOL.—In the case of a public charter
school that has received a payment under
subsection (b) in the fiscal year imme-
diately preceding the fiscal year in which a
transfer under clause (i) is made, the
amount transferred to the school under
clause (i) shall be reduced by an amount
equal to 75 percent of the amount of the
payment under subsection (b).’’.
(2) FINAL PAYMENT.—Section 2403(a)(2)(B) of
the District of Columbia School Reform Act (Public
Law 104–134; 110 Stat. 1321–139; D.C. Code 31–
2853.43(a)(2)(B)) is amended—
(A) in clause (i)—
(i) by inserting ‘‘IN GENERAL.—’’ be-
fore ‘‘Except’’; and
(ii) by striking ‘‘clause (ii),’’ and in-
serting ‘‘clauses (ii) and (iii),’’;
(B) in clause (ii), by inserting ‘‘ADJUST-
MENT FOR ENROLLMENT.—’’ before ‘‘Not later
than March 15, 1997,’’; and
(C) by adding at the end the following:
‘‘(iii) REDUCTION
IN
CASE
OF
NEW
SCHOOL.—In the case of a public charter
school that has received a payment under
subsection (b) in the fiscal year imme-
diately preceding the fiscal year in which a
transfer under clause (i) is made, the
amount transferred to the school under
clause (i) shall be reduced by an amount
equal to 25 percent of the amount of the
payment under subsection (b).’’.
This title may be cited as the ‘‘District of Columbia
Appropriations Act, 1998’’.
Ω13æOn page 99, line 22, strike all through line 23
Ω14æOn page 100, line 1, strike all through page 708,
line 7
And that the House disagree to the amendment of
the Senate to the title.
Attest:
Clerk.