Appropriates $35,119,700 in recurring funds from the General Fund to the Department of Public Instruction for the 2016-17 fiscal year for the purpose of providing additional funds to public schools, including charter schools, that receive a school performance grade of D or F under GS 115C-83.15 (provisions for school achievement, growth, performance scores, and grades).  Provides that it is the intent of the General Assembly to provide these funds for an estimated 351,197 students attending a public school that received a grade of D or F so that approximately $100 per pupil in additional funds will be allocated to each of these schools. Provides that a local school administrative unit with one or more schools that received a school performance grade of D or F is to receive funds on the basis of its allocated average daily membership and that the funds are to be used by a local school administrative unit only for those schools with a D or F grade on the basis of the average daily membership of each school. Provides that a charter school that receives a school performance grade of D or F is to receive funds on the basis of the average daily membership of the school and that the funds can be used by the schools to provide enhanced educational services to at-risk students, including purchasing instructional materials, textbooks, and technology-based programs and devices; providing tutoring services and instructional support for at-risk students outside of the school day; and employing literacy coaches to assist classroom teachers.  Effective July 1, 2016.

Amends GS 115C-218.45, concerning admission requirements for charter schools, by enacting a new subsection that establishes that a charter school cannot require letters of recommendation or a certain time commitment by a parent or legal guardian for serving as a volunteer for the school as a part of the admission process for the charter school.

Amends GS 115C-218.85(a), concerning the instructional program provisions of the course of study requirements for charter schools, by enacting a new subsubdivision to establish that a school that has a start and dismissal time for the school day that differs from the start and dismissal time of other public schools in the local school administrative unit in which the charter school is located must provide support services to students whose parents and legal guardians may have difficulty aligning their schedules with the school day calendar, which can include before- or after-school programs supervised by school personnel or in partnership with community organizations or transportation services for students.

Effective when this act becomes law and applies beginning with the 2016-17 school year.