California Charter School LegislationCharter School Moratorium Bill

In this California legislative update, learn what’s happening with SB 756 and other assembly bills which would severely impact charter schools in the state.


On Wednesday, April 24th the State Senate Education Committee met and heard SB 756 by Senator Durazo. The bill would establish a moratorium on charter schools in the state for 5 years.
Hundreds of charter school supporters turned out in opposition to the bill but it passed out of committee on a 4-3 vote. Senators Leyva, McGuire, Pan and Durazo voted yes while Senators Wilk, Chang and Glazer voted no. Senator Glazer was the only Democrat to vote against the bill. Though Senator Pan did raise questions and concerns about the bill and got the author to agree to amend the bill moving forward.
The amendments were talked about but not fully vetted, so it is not entirely clear how they would be drafted. The bill now heads to the Senate Appropriations Committee for a vote on its fiscal impact.
Together with ABs 1505, 1506 and 1507—which are going through the Assembly—this bill would mean a severe crackdown on charter schools in California.
If these bills become law, it is unclear how charter schools will survive in the future. The charter school community must continue to fight and advocate to keep our schools open and retain school choice for students and parents.
To view any of these bills go to: http://www.legislature.ca.gov select the bill number tab on the left and then enter the bill number.


Charter School Capital logoSince the company’s inception in 2006, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

 

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Since the company’s inception in 2006, Charter School Capital has been committed to the success of charter schools. We help schools access, leverage, and sustain the resources charter schools need to thrive, allowing them to focus on what matters most – educating students. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

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