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HI SB2163
Bill
Status
Introduced
1/21/2026
Primary Sponsor
Tim Richards
Click for details
AI Summary
- Standardizes annual independent financial audits for Hawaii's 38 public charter schools, which enroll 13,371 students and receive approximately $150 million in state general funds (5-8% of the Department of Education budget)
- Requires charter schools to complete independent financial audits within 120 days after each fiscal year and submit them to their authorizer, with copies transmitted to the Board of Education, legislature, and state auditor
- Authorizes sanctions for noncompliance including withholding funds, imposing corrective action plans, or revoking the charter, with failure to complete audits considered a material breach of contract
- Empowers the state auditor to conduct its own financial audit of any charter school deemed high risk for financial insolvency, and mandates a one-time comprehensive audit of all charter schools covering three years of expenditures by 2027
- Requires authorizers to maintain publicly accessible online databases of all financial audits and mandates the State Public Charter School Commission to take action on auditor recommendations within one year
Legislative Description
Relating To Public Charter Schools.
Appropriation ($)
Last Action
The committee on EDU deferred the measure.
2/4/2026
Committee Referrals
Education1/26/2026
Full Bill Text
No bill text available