Charter School Revolving Loan Fund.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Enacted

Summary

The bill lifts the maximum loan a charter school can obtain from the state revolving loan fund from $250,000 to $500,000, changes how interest rates are set, and caps repayment periods. It gives priority to new schools and disaster‑affected schools, makes both the school and its managing entity liable for defaults, and adds detailed annual reporting to several legislative committees.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

Read third time. Passed. (Ayes 78. Noes 0. Page 3077.) Ordered to the Senate. · Sep 9, 2025

Hearings

• Appropriations Committee Hearing
  Appropriations · Aug 29, 2025
• Appropriations Committee Hearing
  Appropriations · Jul 16, 2025
• Education Committee Hearing
  Education · Jul 2, 2025
• Appropriations Committee Hearing
  Appropriations · May 23, 2025
• Appropriations Committee Hearing
  Appropriations · May 12, 2025

History

1. Oct 13, 2025Chaptered by Secretary of State. Chapter 776, Statutes of 2025.
2. Oct 13, 2025Approved by the Governor.
3. Sep 22, 2025Enrolled and presented to the Governor at 11 a.m.
4. Sep 10, 2025Assembly amendments concurred in. (Ayes 40. Noes 0. Page 2822.) Ordered to engrossing and enrolling.
5. Sep 9, 2025Read third time. Passed. (Ayes 78. Noes 0. Page 3077.) Ordered to the Senate.
6. Sep 9, 2025In Senate. Concurrence in Assembly amendments pending.
7. Sep 5, 2025Read third time and amended.
8. Sep 5, 2025Ordered to third reading.
9. Sep 5, 2025Assembly Rule 69(b)(1) suspended.
10. Sep 2, 2025Read second time. Ordered to third reading.
11. Aug 29, 2025From committee: Do pass. (Ayes 15. Noes 0.) (August 29).
12. Jul 16, 2025July 16 set for first hearing. Placed on APPR. suspense file.

The 12 most recent of 28 recorded actions.

Sponsors

• Richardson · sponsor

Bill text

Opens the legislature’s own copy.

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