Relating to the financial audit of certain open-enrollment charter schools by the state auditor.

HB 1693 requires the Texas State Auditor to conduct financial audits of open-enrollment charter schools that annually receive more than $100 million in state revenue. The bill mandates that these schools be included in the State Auditor's audit plan, with priority given to those identified as posing the highest financial risk to the state. The State Auditor may also collaborate with the State Board of Education when performing these audits, though the scope can be limited to the highest-risk institutions. The law takes effect on September 1, 2025.