Establishes the Charter School Revolving Loan Fund to provide loans to charter schools in California.

The bill creates the Charter School Revolving Loan Fund in the State Treasury, composed of federal funds and other appropriations. Loans from this fund can be made to chartering authorities or directly to charter schools for startup costs or disaster recovery, with a maximum loan of $500,000 per school. The California School Finance Authority administers the fund, setting interest rates and prioritizing loans for new schools and those damaged by disasters. Loan repayments are deducted from the charter school's annual apportionment.

Establishes the Charter School Revolving Loan Fund to provide loans to charter schools in California.

The bill creates the Charter School Revolving Loan Fund in the State Treasury, composed of federal funds and other appropriations. Loans from this fund can be made to chartering authorities or directly to charter schools for startup costs or disaster recovery, with a maximum loan of $500,000 per school. The California School Finance Authority administers the fund, setting interest rates and prioritizing loans for new schools and those damaged by disasters. Loan repayments are deducted from the charter school's annual apportionment.