Georgia Charter School Facilities Authority; establish

Summary

HB 1253 establishes the Georgia Charter School Facilities Authority, a public corporation that can offer revolving loans and help charter schools obtain state‑issued general obligation bonds for constructing, renovating, or rehabilitating educational facilities. The authority’s membership includes state education officials and appointed members, and the bill specifies which types of facilities are eligible, excluding major athletic venues. The goal is to give charter schools a dedicated financing tool for capital projects.

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