SCH CD-CHARTER SCH-TEACHER-CHI

Amends the Charter Schools Law of the School Code. Provides that a charter school that is operating in Chicago may not employ an individual in an instructional position who is not State-certified and highly qualified as defined in the federal No Child Left Behind Act of 2001. Provides that with respect to a charter school that is operating in Chicago, beginning August 15, 2008, residency within the city must be considered in determining the employment and compensation of a teacher and whether to retain, promote, assign, or transfer that teacher. Provides, however, that with respect to teachers employed prior to August 15, 2008 by a charter school that is operating in a city having a population exceeding 500,000, residency within the city must not be considered in determining a teacher's employment or compensation or whether to retain, promote, assign, or transfer a teacher. Amends the State Mandates Act to require implementation without reimbursement. Effective August 15, 2008.