summary
Introduced
02/11/2026
02/11/2026
In Committee
02/26/2026
02/26/2026
Crossed Over
03/06/2026
03/06/2026
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To amend Article 31B of Chapter 2 of Title 20 of the Official Code of Georgia Annotated, relating to charter school capital finance, so as to establish the Georgia Charter School Facilities Authority for the purpose of enabling charter schools to obtain revolving loan funds and other public financing assistance for purposes of constructing, renovating, and rehabilitating educational facilities for such schools; to provide for definitions; to provide for the composition, duties, and powers of such authority; to assign such authority to the Georgia State Financing and Investment Commission for administrative purposes; to amend Article 2 of Chapter 17 of Title 50 of the Official Code of Georgia Annotated, the "Georgia State Financing and Investment Commission Act," so as to provide for responsibilities of the Georgia State Financing and Investment Commission; to provide for definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.
AI Summary
This bill establishes the Georgia Charter School Facilities Authority, a public corporation designed to help charter schools finance the construction, renovation, and rehabilitation of their educational facilities. The Authority will be composed of 15 members, including state officials and appointees by the Governor, Lieutenant Governor, and Speaker of the House, and will be assigned to the Georgia State Financing and Investment Commission for administrative purposes. The Authority has broad powers to make loans, enter into lease agreements, and provide financial and technical assistance to qualified charter school organizations for projects, which include buildings, fixtures, and equipment necessary for school operations, but exclude facilities primarily for athletic competition. The bill also clarifies the responsibilities of the Georgia State Financing and Investment Commission regarding charter school capital outlay.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Senate Passed/Adopted By Substitute (on 03/06/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.ga.gov/legislation/73137 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/245382 |
| Fiscal Note | https://www.legis.ga.gov/api/legislation/document/20252026/245198 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/244281 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/242372 |
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