HI SB2517

Authorizes the state public charter school commission to request issuance of general obligation bonds to fund design, planning, construction, repair, and maintenance of public charter school facilities.

Establishes a charter school facilities funding working group consisting of the commission chair, executive director, director of finance, and chairs of the senate and house finance committees to determine allocation criteria and prioritize bond proceeds distribution based on school performance and needs.

Specifies that public charter school facilities constructed with bond proceeds are owned by the State.

Requires the commission to submit an annual report to the legislature detailing the allocation criteria, breakdown of bond allocations to schools, and list of funded projects.

Authorizes issuance of general obligation bonds for fiscal year 2014-2015 with appropriations not lapsing until June 30, 2016; repeals the authorization provisions on June 30, 2024.