SENATE BILL 1043
Law
Public charter school loan fund
CHARTER SCHOOLS – Repeals and adds to existing law to remove the Public Charter School Debt Reserve Fund and to provide for a revolving loan fund.
RS30094 / S1043
Charter schools are public schools supported by taxpayer dollars, but unlike many other states, they do not receive state startup dollars. Moreover, public charter schools do not issue taxpayer-backed bonds. With so little access to initial capital, public charter schools are left with limited and expensive options for facility financing in their early years. This bill would create a revolving loan fund to help new and young public charter schools obtain lower interest rates on loans, so more taxpayer dollars stay in the classroom instead of being redirected toward high-interest facility loans.
Date | Description |
---|---|
02/02 | Introduced; read first time; referred to JR for Printing |
02/03 | Reported Printed; referred to Education |
02/17 | Reported out of Committee with Do Pass Recommendation; Filed for second reading |
02/20 | Read second time; filed for Third Reading |
02/28 | Read third time in full – PASSED - 35-0-0 AYES – Adams, Anthon, Bernt, Bjerke, Burtenshaw, Carlson, Cook, Den Hartog, Foreman, Grow, Guthrie, Harris, Hart, Hartgen, Herndon, Just, Lakey, Lee, Lenney, Lent, Nichols, Okuniewicz, Rabe, Ricks, Ruchti, Schroeder, Semmelroth, Taylor, Toews, Trakel, VanOrden, Ward-Engelking, Winder, Wintrow, Zuiderveld NAYS – None Absent and excused – None Floor Sponsor - Den Hartog Title apvd - to House |
03/01 | Received from the Senate, Filed for First Reading |
Read First Time, Referred to Education | |
03/03 | Reported out of Committee with Do Pass Recommendation, Filed for Second Reading |
03/07 | Read second time; Filed for Third Reading |
03/08 | U.C. to hold place on third reading calendar one legislative day |
03/09 | U.C. to hold place on third reading calendar one legislative day |
03/13 | U.C. to hold place on third reading calendar one legislative day |
03/14 | Read Third Time in Full – PASSED - 66-3-1 AYES – Alfieri, Allgood, Andrus, Barbieri, Blanksma, Boyle, Bundy, Cannon, Cheatum, Chew, Clow, Cornilles, Crane(12), Crane(13), Dixon(1), Dixon(24), Durrant, Ehardt, Ehlers, Erickson, Furniss, Galaviz, Gallagher, Garner, Green, Handy, Hawkins, Healey, Hill, Holtzclaw, Horman, Kingsley, Lambert, Lanting, Manwaring, Mathias, McCann, Mendive, Miller, Mitchell, Monks, Nash, Necochea, Nelsen, Palmer, Petzke, Pickett, Price, Raybould, Raymond, Redman, Roberts, Rubel, Sauter, Scott, Shepherd, Skaug, Tanner, Vander Woude, Weber, Wheeler, Wisniewski, Wroten, Yamamoto, Young, Mr. Speaker NAYS – Berch, Burns, Gannon Absent – Mickelsen Floor Sponsor - Clow Title apvd - to Senate |
03/15 | Returned From House Passed; referred to enrolling |
Reported enrolled; signed by President; to House for signature of Speaker | |
03/16 | Received from Senate; Signed by Speaker; Returned to Senate |
Reported signed by the Speaker & ordered delivered to Governor | |
03/17 | Reported delivered to Governor at 8:15 a.m. on 03/17/23 |
03/23 | Signed by Governor on 03/22/23 Session Law Chapter 117 Effective: 07/01/2023 |