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COAT Act

2/8/2022, 11:15 PM

Congressional Summary of HR 5984

Charter Oversight, Accountability, and Transparency Act or the COAT Act

This bill requires state educational agencies, in order to receive certain federal funds, to ensure that each contract between a charter school located in the state and a private charter management organization includes certain compliance requirements.

Specifically, such organization must annually disclose certain information to the Department of Education (ED), including the identity of each charter school it operates or manages, the amount expended on operations and administration, information about its contracts, and an audited income statement. ED must publish such information on its website.

Additionally, such organization must hold board meetings that are open and accessible to the public.

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Current Status of Bill HR 5984

Bill HR 5984 is currently in the status of Bill Introduced since February 27, 2020. Bill HR 5984 was introduced during Congress 116 and was introduced to the House on February 27, 2020.  Bill HR 5984's most recent activity was Referred to the House Committee on Education and Labor. as of February 27, 2020

Bipartisan Support of Bill HR 5984

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
43
Democrat Cosponsors
42
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5984

Primary Policy Focus

Education

Potential Impact Areas

- Accounting and auditing
- Business expenses
- Business records
- Congressional oversight
- Credit and credit markets
- Education programs funding
- Elementary and secondary education
- Government information and archives
- Marketing and advertising
- School administration
- Securities
- State and local government operations
- Tax-exempt organizations
- Teaching, teachers, curricula
- Wages and earnings

Alternate Title(s) of Bill HR 5984

COAT Act
To amend the Elementary and Secondary Education Act of 1965 to improve oversight of private charter management organizations, and for other purposes.
COAT Act
Charter Oversight, Accountability, and Transparency Act

Comments

Sponsors and Cosponsors of HR 5984

Rashida Tlaib
Rashida Tlaib
MichiganDemocrat
Susan Wild
Susan Wild
PennsylvaniaDemocrat
Frederica S. Wilson
Frederica S. Wilson
FloridaDemocrat
Joe Wilson
Joe Wilson
South CarolinaRepublican
Filemon Vela
Filemon Vela
TexasDemocrat
Nydia M. Velázquez
Nydia M. Velázquez
New YorkDemocrat

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