20 U.S.C. § 7221a
Program authorized
(a) In general
The Secretary may carry out a charter school program that supports charter schools that serve early childhood, elementary school, or secondary school students by—
(1)
supporting the startup of new charter schools, the replication of high-quality charter schools, and the expansion of high-quality charter schools;
(2)
assisting charter schools in accessing credit to acquire and renovate facilities for school use; and
(3)
carrying out national activities to support—
(A)
the activities described in paragraph (1);
(B)
the dissemination of best practices of charter schools for all schools;
(C)
the evaluation of the impact of the charter school program under this part on schools participating in such program; and
(D)
stronger charter school authorizing practices.
(b) Funding allotment
From the amount made available under section 7221j of this title for a fiscal year, the Secretary shall—
(1)
reserve 12.5 percent to support charter school facilities assistance under section 7221c of this title ;
(2)
reserve 22.5 percent to carry out national activities under section 7221d of this title ; and
(3)
use the remaining amount after the reservations under paragraphs (1) and (2) to carry out section 7221b of this title .
(c) Prior grants and subgrants
The recipient of a grant or subgrant under part B of title V (as such part was in effect on the day before December 10, 2015 ) shall continue to receive funds in accordance with the terms and conditions of such grant or subgrant.
( Pub. L. 89–10, title IV, § 4302 , as added Pub. L. 114–95, title IV, § 4301(1) , Dec. 10, 2015 , 129 Stat. 1994 .)