Relating to modifying the Charter Schools Startup Fund

Summary

The measure establishes a special revenue fund in the state treasury to help charter school applicants and existing charter schools cover start‑up and emergency expenses. It requires applicants to apply to the West Virginia Professional Charter School Board, outlines grant limits of up to $300,000 plus a possible $100,000 add‑on, and mandates repayment with interest if a school is not operating within 30 months. The bill also defines how funds are distributed when demand exceeds supply and expands the types of costs the fund may cover.

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