SCHOOLS/CHARTER: Provides relative to the assets of certain charter schools (EN SEE FISC NOTE LF EX)
HB 51 clarifies that charter schools can retain all their property (including movable assets like equipment) when closing or transferring, rather than being restricted to "immovable" property like buildings. This change directly affects public charter schools operating in the state. The bill amends a specific section of law by removing the term "immovable" from the property description, streamlining asset management rules. The amendment was unanimously approved by the Education Committee in April 2025.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2025
Committee Review
May 2025
House Passage
Jun 2025
Senate Passage
May 2025
Signed into Law
Jun 2025
Introduced Mar 10, 2025
Signed Jun 8, 2025
Maddy AI version diff · 3 comparisons
What changed between versions
HB51 Original
→
HB51 Act
·
3 edits
MINOR
This bill clarifies the ownership of assets when a charter school closes or loses its charter. It establishes that assets bought with public funds generally revert to the chartering authority, while assets bought with private funds remain with the school's nonprofit operator. Additionally, it creates a specific exception for Type 2 charter schools, ensuring that public funds used before their conversion to Type 2 status also remain with the local school board upon closure.
Scope change
The bill expands the clarity of asset ownership rules for specific charter school types (Type 1, 2, 3, 3B, and 5) and adds a new provision specifically addressing the transition to Type 2 status.
REQUIREMENT
Clarified that assets purchased with public funds by Type 1, 2, 3, 3B, or 5 charter schools become the property of the chartering authority if the school closes or its charter is revoked.
ELIGIBILITY
Added a specific rule for Type 2 charter schools stating that public funds used prior to their conversion to Type 2 status remain the property of the local school board upon closure.
DEFINITION
Refined the distinction between assets owned by the school versus those owned by the nonprofit group operating the school based on the source of funding (public vs. private).
Floor votes · Senate May 28, 2025 · House Apr 29, 2025
How they voted
36–0
Passed · 1 other
Total votes 37
May 28, 2025
D
Democratic11
100% Yea
R
Republican26
96% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
22
Key actions
5
Committee
5
Jun 3, 2025
Lower · Passed
Read by title, roll called, yeas 95, nays 0, Senate amendments concurred in.
lower
May 28, 2025
Upper · Passed
The amended bill was read by title, passed by a vote of 38 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
upper
May 12, 2025
Committee
Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
upper
May 8, 2025
Upper · Passed
Reported with amendments.
upper
Apr 29, 2025
Lower · Passed
Read third time by title, roll called on final passage, yeas 92, nays 0. Finally passed, title adopted, ordered to the Senate.
lower
Apr 23, 2025
Lower · Passed
Reported with amendments (10-0).
lower
Apr 14, 2025
Committee
Read by title, under the rules, referred to the Committee on Education.
lower
Mar 10, 2025
Committee
Under the rules, provisionally referred to the Committee on Education.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Rashid Young
DDemocratic
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