AB 435
Revises provisions governing the funding of schools. (BDR 34-1087)
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Bill overview
This bill creates a State Public Charter School Facility Fund to provide financial assistance for charter schools. It allows the State Public Charter School Authority to issue bonds to finance construction, renovation, and acquisition of property for charter schools. Furthermore, it authorizes school districts to levy a property tax, with the proceeds and interest used to contribute to this fund, supporting charter schools within their county.
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