AB 2316: School facilities: Charter School Facilities Program: undue financial burden.
The bill aims to alleviate undue financial burden on charter schools by adjusting the matching share and grant amounts. Starting January 1, 2028, if the charter school's obligations result in financial hardship, the state will provide a reduced local share matching obligation or lease payments. The state will also increase the grant amount to help the school reach a manageable debt service level. The state and the charter school will work together to develop a method for determining the undue financial burden threshold. The state will establish regulations to ensure the program is administered fairly and effectively.
| Aug. 31, 2026 | Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 75. Noes 0.). |
| Aug. 27, 2026 | In Assembly. Concurrence in Senate amendments pending. |
| Aug. 26, 2026 | Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0.). |
| Aug. 17, 2026 | Read second time. Ordered to third reading. |
| Aug. 13, 2026 | Read second time and amended. Ordered returned to second reading. |