Relating to instructional facilities funding for certain open-enrollment charter schools.
What changed between versions
Added new subsection (e-1) requiring charter school governing bodies to certify that administrators, officers, employees, board members, charter holders, and their close relatives do not derive financial benefit from real estate transactions with the school.
Modified the funding calculation formula in subsection (d) by changing the rate multiplier from 0.15 to 0.06, which affects the total amount charter schools receive.
Added new subsection (f-1) requiring charter school governing bodies to comply with Chapter 551 of the Government Code when considering bond issuance.
Modified subsection (e-2) to clarify that the certification requirement applies to a broader range of individuals including family members related within the third degree by blood or second degree by marriage.
Updated the effective date from September 1, 2025 in Section 1 to September 1, 2025 in Section 2, and reorganized the bill structure from introduced to engrossed version.