SB892 - School Construction - Public Charter School Facility Fund - Establishment

10 Co-Sponsors

Establishing the Public Charter School Facility Fund to provide funding on an annual basis to public charter schools in the State for eligible expenses associated with school facilities; exempting the Fund from a requirement that interest earnings on State money accrue to the General Fund of the State; requiring the Interagency Commission on School Construction to administer the Fund; and requiring the Fund to be used only to acquire, plan, develop, finance, construct, lease, improve, repair, and maintain public charter school facilities.