((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 for a fiscal year, the Secretary shall—

((1)) reserve 12.5 percent to support charter school facilities assistance under ;

((2)) reserve 22.5 percent to carry out national activities under ; and

((3)) use the remaining amount after the reservations under paragraphs (1) and (2) to carry out .

((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 ) shall continue to receive funds in accordance with the terms and conditions of such grant or subgrant.December 10, 20152015-12-10