Senate committee substitute makes the following changes to the 2nd edition.

Reinstates the requirement that all teachers employed by a charter school who teach core subject areas of math, science, social studies, and language arts in grades six through 12 be college graduates. Provides that a charter school's board of directors may discharge teachers andemployees who are not licensed(was, noncertificated). Directs the NC Public Charter Schools Board (Charter Board) to adopt rules establishing the circumstances under which a charterschool must check the criminal history of a job applicant before making the applicant an unconditional job offer (was, required each charter school board of directors to adopt a policy on whether and under what circumstances to conduct a criminal history check on anapplicant for employment). Directs each charter school board of directors toapply the rules uniformly tojob applicants.

Clarifies that the appropriation or use of a fund balance or of interest income by a local school administrative unit (LEA) is not to be construed as a local current expense appropriation that is included as a part of the local current expense fund.

Abolishes the North Carolina Charter School Advisory Council, established by the State Board of Education on August 4, 2011.

Deletes changes to GS 105-278.4(a), which conferred tax exempt status on buildings used wholly and exclusively for educational purposes by the owner, a nonprofit educational institution occupying the building, and a charter school even if the charter did not own the building. Instead, amends GS 105-275 to include real property occupied by a charter school and used wholly and exclusively for educational purposes, as defined in GS 105-278.4(f), in the classes of property designated as special classes under Article V. �_ 2(2) of the NC Constitution and excluded from tax regardless of who owns the property. Effective for taxable years beginning on or after July 1, 2013.