Officials say financial issues, declining enrollment and poor student performance have prompted them to close the Schomburg Charter School.

The kindergarten through eighth grade school has been open since 2000.

The proposal calls for fines of $100 to $500 for marijuana possession. Possession of drug paraphernalia would result in a $100 fine.

Violators who are underage or have multiple convictions would be referred for drug counseling.

The Assembly Judiciary Committee is slated to hold a hearing on Monday.