- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
House Committee on Education and the WorkforceEarly Childhood, Elementary, and Secondary EducationIntroducedSeptember 23rd, 2010
- house Committees
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Charter School Good Governance and Transparency Act
To require States receiving funds under the Elementary and Secondary Education Act of 1965 to establish policies with respect to the auditing of charter schools.
Charter School Good Governance and Transparency Act - Requires states to provide each charter school in the state that receives funds under the Elementary and Secondary Education Act of 1965 with a list of licensed, independent auditors that perform governmental audits. Requires states to develop and implement policies requiring such charter schools to: (1) maintain their financial records in accordance with generally accepted accounting principles, and applicable state and federal requirements; (2) be audited annually by a licensed, independent auditor, with the findings made public and filed with their authorized public chartering agency and state; and (3) address all audit findings and report to their authorized public chartering agency on actions taken to do so. Directs states to: (1) require such chartering agencies to report significant audit findings and the measures schools take to address them; and (2) submit overall summary analyses of the annual audits to the Secretary of Education.