Establishes the West Virginia Charter School Board and creates the Charter School Revolving Loan Fund for low-interest loans to public charter.

West Virginia SB1051 establishes the West Virginia Charter School Board, which will authorize high-quality public charter schools and report to the state board. The bill creates the Charter School Revolving Loan Fund to provide low-interest loans for public charter school facility projects. Loan repayments will be recycled back into the fund to support future projects. The fund will be administered by the State Treasurer. The Professional Charter School Board will promulgate rules to implement the fund, including application requirements and loan criteria.

Establishes the West Virginia Charter School Board and creates the Charter School Revolving Loan Fund for low-interest loans to public charter.

West Virginia SB1051 establishes the West Virginia Charter School Board, which will authorize high-quality public charter schools and report to the state board. The bill creates the Charter School Revolving Loan Fund to provide low-interest loans for public charter school facility projects. Loan repayments will be recycled back into the fund to support future projects. The fund will be administered by the State Treasurer. The Professional Charter School Board will promulgate rules to implement the fund, including application requirements and loan criteria.