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RALEIGH — The controversial Charter School Bill is on its way to the House floor for a vote Thursday afternoon.

Thursday morning, the House Finance Committee approved the bill. Senate Bill 8 would raise the cap on the number of Charter schools allowed in North Carolina by 50 each year. The bill would also require schools with a high poverty level to provide bus service to students who live within a 3 miles radius.

Many Democrats say increasing the number of charter schools will decrease funding for traditional public schools already in need.