SCH CD-CHARTER SCH-REVOCATION

Amends the Charter Schools Law of the School Code. In a provision allowing a charter to be revoked or not renewed, provides that if the charter school committed a material violation of any of the conditions, standards, or procedures set forth in the charter, failed to meet generally accepted standards of fiscal management, or violated any provision of law from which the charter school was not exempted, then the local school board or the State Board of Education as the chartering entity shall notify the charter school in writing of the reason why the charter is subject to revocation or nonrenewal, and the charter school shall submit a written plan to the local school board or State Board to rectify the problem and shall begin implementation of the plan within one calendar year after notification. Provides that if the charter school failed to meet or make reasonable progress toward achievement of the content standards or pupil performance standards identified in the charter, then the charter school must be held to the terms as written in the charter. Provides that if the local school board or State Board as the chartering entity finds that the charter school has not rectified the problem, then the charter must be revoked or not renewed.