§ 7221a — Program Authorized

(a) The Secretary may carry out a charter school program that supports charter schools that serve early childhood, elementary school, or secondary school students by— (1) supporting the startup of new charter schools, the replication of high-quality charter schools, and the expansion of high-quality charter schools; (2) assisting charter schools in accessing credit to acquire and renovate facilities for school use; and (3) carrying out national activities to support— (A) the activities described in paragraph (1); (B) the dissemination of best practices of charter schools for all schools; (C) the evaluation of the impact of the charter school program under this part on schools participating in such program; and (D) stronger charter school authorizing practices. (b) From the amount made available under section 7221j of this title for a fiscal year, the Secretary shall— (1) reserve 12.5 percent to support charter school facilities assistance under section 7221c of this title; (2) reserve 22.5 percent to carry out national activities under section 7221d of this title; and (3) use the remaining amount after the reservations under paragraphs (1) and (2) to carry out section 7221b of this title. (c) The recipient of a grant or subgrant under part B of title V (as such part was in effect on the day before December 10, 2015) shall continue to receive funds in accordance with the terms and conditions of such grant or subgrant.