Source: http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb219%20intr.htm&yr=2014&sesstype=RS&i=219
Timestamp: 2018-03-19 19:36:00
Document Index: 38701673

Matched Legal Cases: ['§18', '§18', '§18', '§18', '§18', '§18', '§18', '§18', '§18', '§18', '§18', '§18', '§18', '§18']

A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new article, designated §18-33-1, §18-33-2, §18-33-3, §18-33-4, §18-33-5, §18-33-6, §18-33-7, §18-33-8, §18-33-9, §18-33-10, §18-33-11, §18-33-12, §18-33-13 and §18-33-14, all relating to the establishment of public competitive learning academies; setting forth regulatory and statutory requirements; providing exemptions from state laws and rules; permitting conversion of public schools to public competitive learning academies; setting forth an application process; permitting approval and denial of applications; establishing a competitive learning academy status term; permitting the termination of a public competitive learning academy; setting forth public competitive learning academy requirements; providing for funding; setting forth enrollment standards; providing for student transportation; permitting conditional approval; setting forth information on competitive learning academies; permitting leaves of absence for teachers; setting forth employment of school personnel and benefits; and defining terms.
ARTICLE 33. WEST VIRGINIA PUBLIC COMPETITIVE LEARNING ACADEMIES ACT OF 2014.
(3) A public competitive learning academy shall be operated by a not-for-profit organization that is exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. No public competitive learning academy status may be granted to a for-profit corporation.
(d) A public competitive learning academy is accountable to the state board for the purpose of ensuring compliance with the requirements of this article.
(j) A public competitive learning academy may not charge tuition.
(l) A public competitive learning academy shall maintain its accounts and records in accordance with the Governmental Accounting Standards Board standards.
(b) Notwithstanding subsection (a) of this section, funds which would otherwise be allocated on the basis of enrollment in the prior year shall be allocated, during the first full academic year of operation of any public competitive learning academy, on the basis of the anticipated enrollment in the competitive learning academy agreement, which amount shall be subsequently adjusted to reflect the actual number of students enrolled.
If approval is a prerequisite for the sponsor to raise working capital, the state board may grant conditional approval for a public competitive learning academy application. If the sponsor has satisfied all other requirements set forth in this article, the state board shall grant full approval subject to the sponsor providing information regarding financing commitments from debt sources for cash or working capital sufficient to demonstrate that a competitive learning academy will have liquid assets sufficiently available to operate the school on an ongoing and sound financial basis.
(2) Eligible to participate in the Teachers Retirement System or, in the same manner that school personnel employed by the county board of the district in which the school is located are; and