NY A06884

Requires charter schools to enroll and maintain minimum percentages of students with disabilities, English language learners, free lunch-eligible students, and homeless students equal to the rates in their local public school district, with financial penalties and charter revocation for non-compliance

Caps total compensation for charter school executives at $199,000 per year, with a waiver process allowing up to 150% of federal Executive Schedule Level I pay; prohibits charter schools from compensating individuals who also work for charter affiliates

Mandates charter schools and their affiliates provide audited financial statements, disclose all donations over $1,000, and report executive compensation from all sources to the Board of Regents, charter entity, and state or city comptroller

Requires charter school contracts with for-profit or not-for-profit management entities to grant state and local auditors access to records on costs and fees; contracts violating this provision are void and grounds for charter revocation

Eliminates free co-location in public school buildings for charter schools that, alone or with affiliates, hold assets exceeding $1 million; phases out rental assistance over six years for schools receiving alternative space from school districts

Applies public school student discipline procedures (Education Law §3214) to charter schools, including suspension and expulsion protections, and requires charter schools to comply with prevailing wage and competitive bidding laws for construction projects