This bill changes Section 4303 of the Elementary and Secondary Education Act to modify the federal grant program that supports high-quality charter schools. Key changes include: state entities must provide technical assistance to applicants and chartering agencies; help states improve authorizing quality and fiscal oversight; and may fund revolving loan funds and help applicants find facilities. The bill creates pre-charter planning subgrants of up to $100,000 for prospective charter developers who intend to apply to operate a charter school or seek nonprofit/public financial support, are led by educators with at least 54 months of school-based experience, and have completed an initial plan describing community needs. The bill also changes how grant funds are divided: one category is reduced from 90% to 80%, another category’s language is changed to allow up to 10%, up to 5% may be reserved for the new pre-charter planning grants, and a previous 3% reserve is increased to 5%. Several cross-references in the statute are clarified by replacing “this section” with “subsection (b)(1)."
No publicly available information on estimated federal costs or budgetary effects. The bill does specify some funding rules and limits that do not include dollar totals: pre-charter planning subgrants capped at $100,000 per prospective applicant and up to 5 percent of certain funds may be reserved for those subgrants.
No publicly available information.
No publicly available information.