Bill > HB0241

This bill modifies provisions related to charter schools, including the transfer of assets from the Charter School Revolving Account to a newly created Charter School Revolving Fund on July 1, 2026, which will be administered by the Utah Charter Finance Authority and offer loans for school construction and expansion. It also changes the definition of an "eligible entity" that can purchase surplus school property to include cities, towns, or counties, and clarifies that both eligible entities and charter schools have equal rights to purchase such property, with school districts able to select among applicants based on factors like educational fit and financial capacity. Furthermore, when a school district disposes of a decommissioned school building and its property, charter schools and eligible entities will have the first option to purchase, with specific resale restrictions to ensure proceeds benefit the originating school district and charter schools. Finally, the bill mandates that charter school governing board members take an oath of office and clarifies that charter schools are public schools for all legal purposes.

Education, Government Affairs

https://le.utah.gov/~2026/bills/static/HB0241.html