PROGRAM AUTHORIZED.

SEC. 4302. [20 U.S.C. 7221a] PROGRAM AUTHORIZED. (a) In General.—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) Funding Allotment.—From the amount made available under section 4311 for a fiscal year, the Secretary shall— (1) reserve 12.5 percent to support charter school facilities assistance under section 4304; (2) reserve 22.5 percent to carry out national activities under section 4305; and (3) use the remaining amount after the reservations under paragraphs (1) and (2) to carry out section 4303. (c) Prior Grants and Subgrants.—The recipient of a grant or subgrant under part B of title V (as such part was in effect on the day before the date of enactment of the Every Student Succeeds Act) shall continue to receive funds in accordance with the terms and conditions of such grant or subgrant.