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Committee introduces bill to raise charter school facilities funding cap to $500 million
Summary
Representative Doug Pickett presented RS 32,388 to raise the charter school facilities funding cap from about $200 million to $500 million and to simplify the cap formula; the committee voted to introduce the measure.
Representative Doug Pickett (District 27, Cassia, Oneida, Minidoka counties) told the House Committee on Education that RS 32,388 would increase the state cap on charter school facilities funding and simplify the formula used to allocate that cap.
"What this bill would do is it would help the charter schools to establish better interest rates and, on their bonds and…
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